Question: A stock is currently priced at $74 and will move up by a factor or 1.12 or down by a factor of .94 over the

A stock is currently priced at $74 and will move up by a factor or 1.12 or down by a factor of .94 over the next period. The risk-free rate of interest is 3.50 percent. What is the value of a call option with a strike price of $75?

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