Wilt's has a stock price of $54 a share.The 3-month options have a strike price of $55.The risk-free rate is 3.6 percent,the standard deviation is 26 percent,N(d1) is .49724 and N(d2) is .44555.
What is the call price?
A) $2.68
B) $2.57
C) $2.73
D) $2.91
E) $2.46
Correct Answer:
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