Question: 5 - What must be the current price ( premium ) of an European call if the exercise price is 4 0 , if the

5- What must be the current price (premium) of an European call if the exercise price is 40, if the current price of the underlying stock is 39 and if the current annual interest rate is 36% while the remaining maturity of the call option is 3 months? (use simple rate of interest in the calculations)

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