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Use the Black-Scholes formula for the following stock: Time to expiration 6 months Standard deviation 45% per year $47 $46 Exercise price Stock price Annual

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Use the Black-Scholes formula for the following stock: Time to expiration 6 months Standard deviation 45% per year $47 $46 Exercise price Stock price Annual interest rate 5% Dividend Calculate the value of a call option. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Value of a call option

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