You own a call option on Jasper Co.stock that expires in one year.The exercise price is $42.50.The current price of the stock is $56.00 and the risk-free rate of return is 3.5 percent.Assume that the option will finish in the money.What is the current value of the call option?
A) $13.04
B) $13.50
C) $13.97
D) $14.94
E) $15.46
Correct Answer:
Verified
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