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ho Hence In the because In the end of End 여 first thereas Can Option Excrease year, (the stock brices es less than the strike Price. Second Gul year option as the Stock Price at the End of second year is $72. 1 Exercise Only when Hence Vame of Call [stock Price - Strike forice (872- $60] + 80 bo to 2 312, The present Value of the Cau opton value is Value of caul Puar for 2year at 6Y. $12 - Sady. ...
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