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Intro The current price of a non-dividend-paying stock is $262 and the annual standard deviation...

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Intro The current price of a non-dividend-paying stock is $262 and the annual standard deviation of the rate of return on the stock is 40%. A European call option on the stock expires in 0.25 years. Its strike price is $340. The risk-free rate is 4% (continuously compounded). Part 1 Attempt 1/3 for 5 pts. What is the value of N(d1) in the Black-Scholes formula? Use Excel's NORM.S.DIST (d1, true) function. Part 2 Attempt 1/3 for 5 pts. What is the value of N(d2) ? What should be the price (premium) of the call option

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