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Assume That the Current Price of TGT Stock Is $35

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Assume that the current price of TGT stock is $35, that a six-month call option on the stock has a strike or exercise price of $33.00, the risk-free rate is 4%, and that you have calculated N(d1)as .65 and N(d2)as .55.Use the Black-Scholes model to calculate the price of the option.


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