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What is a lower bound for the price of a 6 - month call option on a non - dividend - paying stock when the

What is a lower bound for the price of a

6 -

month call option on a non

-

dividend

-

paying stock when the stock price is $

100,

the strike price is $

80,

and the risk

-

free interest rate is

15 %

per annum?

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