The current price of a stock is 21 in 1 year the price will


The current price of a stock is $21. In 1 year, the price will be either $26 or $14. The annual risk-free rate is 3%. Find the price of a call option on the stock that has a strike price is of $25 and that expires in 1 year.

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Finance Basics: The current price of a stock is 21 in 1 year the price will
Reference No:- TGS0623648

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