Question
Use the Black-Scholes formula to find the value of a call option based on the following inputs. (Round your final answer to 2 decimal places.
Use the Black-Scholes formula to find the value of a call option based on the following inputs.(Round your final answer to 2 decimal places. Do not round intermediate calculations.)
Stock price$62Exercise price$54Interest rate8%Dividend yield4%Time to expiration0.50Standard deviation of stocks returns27%
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
