What is the price of the european call

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Reference no: EM131486725

A European call option has an exercise price of $69 and matures in seven months. The current stock price is $77, and the risk-free rate is 6.8 percent per year, compounded continuously. What is the price of the European call if the standard deviation of the stock is 0 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

European call price          $   

Reference no: EM131486725

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