Question: Assume the following inputs for a call option: (1) current stock price is $26,(2) strike price is $29, (3) time to expiration is 4 months,

 Assume the following inputs for a call option: (1) current stockprice is $26,(2) strike price is $29, (3) time to expiration is

Assume the following inputs for a call option: (1) current stock price is $26,(2) strike price is $29, (3) time to expiration is 4 months, (4) annualized risk-free rate is 4%, and (5) variance of stock return is 0.2 . The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. Open spreadsheet Use the Black-Scholes model to find the price for the call option. Do not round intermediate calculations. Round your answer to the nearest cent. $

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