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You are atempting to value a call option with an exercise price ot 109$ and one year to expiration. The underlying stock pays no dividends,
You are atempting to value a call option with an exercise price ot 109$ and one year to expiration. The underlying stock pays no dividends, its current price is 109$ and you believe it has 50% change of increasing to 133$ and a 50% change of decreasing to 86$. The risk free interest rate is 9%. Calculate the option's value.
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