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What is the value of a call option if the underlying stock price is $61, the strike price is $65, the underlying stock volatility is

image text in transcribed What is the value of a call option if the underlying stock price is $61, the strike price is $65, the underlying stock volatility is 59 percent, and the risk-free rate is 3 percent? Assume the option has 78 days to expiration. (Use 365 days in a year. Do not round intermediate :alculations. Round your answer to 2 decimal places.)

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