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Question: Consider a European call option on the stock of Shopify Inc. This security does not pay dividends...

Consider a European call option on the stock of Shopify Inc. This security does not pay dividends and is trading at $114.92 on June 16, 2017. We will choose a strike price of $110 with an expiration on January 19, 2018.S = $114.92, E = $110, r = 0.57%, = 43.82%, T = 217 daysa.

What is N(d1)?

(2p)b. What is N(d2)? (2p)

c. What is C? (4p)

d. What is the value of a put option? (4p)

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