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XYZ stock is currently selling at 81.75. A 3-month call on the stock has a strike price of 75. What is the theoretical value of

XYZ stock is currently selling at 81.75. A 3-month call on the stock has a strike price of 75. What is the theoretical value of the call? What is the price of the call if it is selling at a 20 percent premium over theoretical value?

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