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Use the Black-Scholes formula to find the value of a call option based on the following inputs. Refer Cumulative normal distribution Table. (Do not round

Use the Black-Scholes formula to find the value of a call option based on the following inputs. Refer Cumulative normal distribution Table. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Stock price $ 58

Exercise price $ 64

Interest rate 8%

Dividend yield 4%

Time to expiration 0.5

The standard deviation of stocks returns 27%

Whats the call value?

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