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What is the call option premium given the following information?
Alternative Dispute Resolution (ADR)
A range of processes, such as mediation and arbitration, to resolve conflicts outside of traditional court settings.
Mediation
A form of alternative dispute resolution where a neutral third party helps the disputing parties reach a mutually acceptable agreement.
Arbitration
A form of alternative dispute resolution where a neutral third party makes a binding decision to resolve a conflict between parties.
Grievance Procedures
Formal steps followed by an organization for employees to report and resolve conflicts, complaints, or concerns related to their work environment or relationships.
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