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A Futures Price Is Currently 40 Cents

Question 2

Multiple Choice

A futures price is currently 40 cents.It is expected to move up to 44 cents or down to 34 cents in the next six months.The risk-free interest rate is 6%.What is the value of a six month call option with a strike price of 39 cents?


A) 5.00 cents
B) 2.91 cents
C) 3.00 cents
D) 4.21 cents

Correct Answer:

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