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What is the price of a European call option on a non-dividend-paying stock when the stock price is $54, the strike price is $50, the
What is the price of a European call option on a non-dividend-paying stock when the stock price is $54, the strike price is $50, the risk-free interest rate is 4% per annum, the volatility is 30% per annum, and the time to maturity is three months? use Excels NORM.S.DIST function to find the required probabilities.)
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