Question: Please help 17 A stock trades for $44 per share. A call option on that stock has a strike price of $51 and an expiration

Please help 17 A stock trades for $44 per share. A

Please help 17

A stock trades for $44 per share. A call option on that stock has a strike price of $51 and an expiration date twelve months in the future. The volatility of the stock's returns is 49%, and the risk-free rate is 2%. What is the Black and Scholes value of this option? The Black and Scholes value of this call option is $ . (Round to the nearest cent.)

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