[To get standard normal distribution Probabilities, you could either use Excel NORMSDIST function or go to mathisfun.com then click on Data then scroll all the way down to Standard Normal Distribution Table] 1. Stock XYZ is trading at $95 and has an annual volatility of 40%. If you are considering a 90-day Note: [90 days 0.25 of a year] call option with a strike price of $88 and assuming risk free rate is 3%, use the B-S-M option pricing model to: Compute the call option price