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QUESTION
QUESTION 8 Westford stock is currently selling for $60.00 a share but is expected to either decrease to $54 or increase to $66 a share over the next...
QUESTION 8
- Westford stock is currently selling for $60.00 a share but is expected to either decrease to $54 or increase to $66 a share over the next year. The risk-free rate is 3.5 percent. What is the current value of a 1-year call option with an exercise price of $63?
