Six month european call option

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A stock price is currently 52. it is assumed that at the end o six months it will be either 32 or 70. the risk free interest rate is 4.2% per annum with continuous compounding. the stock does not pay dividends. one step binomial tree is used to value options. What is the value of a six month European call option with a strike price of 52? Round your final result to the nearest cents

Reference no: EM132978932

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