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The Current Price of a Call Is $5 and the Stock

Question 1

Multiple Choice

The current price of a call is $5 and the stock is trading at $50. The delta and gamma of the call are 0.5 and 0.05, respectively. If the stock price increases to $50.50, then approximate the new call price using the information given:


A) $5.24375
B) $5.25
C) $5.25625
D) $5.2625

Correct Answer:

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