17. A financial institution offers a new over-the-counter option that pays off 150% of the payoff of a standard European option. Demonstrate, using BSMbin 7e.xls or BSMbwin7e.exe (or by hand), that the value of this option is simply 1.5 times the value of an ordinary option. Let the stock price be 82, the exercise price be 80, the risk-free rate (continuously compounded) be 4 percent, the volatility be 40 per- cent, and the option expire in one year.