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You own 100 shares of a non-dividend paying stock, currently trading at 30 per share. You would like to guarantee the ability to sell

You own 100 shares of a non-dividend paying stock, currently trading at 30 per share. You would like to guarantee the ability to sell your holdings in 6 months for at least 28 per share. 6-month European calls a share of the same stock with an exercise price of 28 are available for 4.10. The continuously compounded risk-free interest rate is 5% per year. Calculate the cost of the hedge today.

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