DanyD903 DanyD903
  • 25-02-2024
  • Business
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The price of Ervin Corp. stock will either be $61 or $90 at the end of the year. Call options are available with one year until expiration. Continuously compounded T-bills currently yield 5.07 %. Suppose the current price of Ervin stock is $76. What is the value of the call option if the strike price is $75 per share?

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