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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 $ 62 Exercise price $ 59 Interest rate 8 % Dividend yield 4 % Time to expiration 0.50 Standard deviation of stocks returns 28 %

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