In a specific wager, Pat is paid $5.00 if the price of ABC Corp is above $85.00. Currently, ABC Corp price is $75.00, ? = 0.25, r = 0.04, div = 0 and the wager lasts 6 months. If the price is below $85.00, Pat must pay $5.00
What is the net value of Pat's wager?
A) -$2.49
B) +$2.49
C) -$1.50
D) +$1.50
A
Business
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