Assume S = $55, K = $55, r = 0.07, ? = 0.27, div = 0.0, and 180 days until expiration. What is the premium on an Asian average price call, where N = 5?

A) $2.89
B) $2.99
C) $3.09
D) $3.19

D

Business

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Indicate whether the statement is true or false.

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