If the exercise price is 0 what is the price of the call


A call option matures in six months. The underlying stock price is $40, and the stock’s return has a standard deviation of 30 percent per year. The risk-free rate is 5 percent per year, compounded continuously. If the exercise price is $0, what is the price of the call option?

Call option price $

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Financial Management: If the exercise price is 0 what is the price of the call
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