Assume the following inputs for a call option : (1) current stock price is $35 , (2) strike price is $41 , (3) time to expiration is 4 months, (4) annualized risk- free rate is 3%, and (5) variancr of stock return is 0.3. The data has been collected in the Microsoft Excel.

Use the Black - Scholes model to find the price for the call option. Do not round intermediate calculations.

B D $35.00 $41.00 4 Formulas #N/A Black-Scholes Model 2 3 Current price of underlying stock, P 4 Strike price of the option, X 5 Number of months uniti expiration 6 Time until the option expires, t 7 Risk-free rate, TRF 8 Variance, o 9 10 d = 11 N(d) = 12 13 dy = 74 N(d) = 15 16 Vc = 17 18 3.00% 0.30 #N/A 0.5000 WN #N/A 0.5000 UNA