Wilt's has a stock price of $38 a share.The 9-month options have a strike price of $45.The risk-free rate is 3.2 percent,the standard deviation is 21 percent,N(d1) is 0.23985 and N(d2) is 0.18710.What is the call price?
A) $) 68
B) $) 89
C) $1.03
D) $1.21
E) $1.17
Correct Answer:
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