1)

A stock is currently priced at $68 and will move up by a factor or 1.32 or down by a factor of 0.79 over the next period. The risk-free rate of interest is 4.2 percent. What is the value of a call option with a strike price of $69? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Call option

$

2)

The stock of Nugents Nougats currently sells for $47 and has an annual standard deviation of 48 percent. The stock has a dividend yield of 2.8 percent, and the risk-free rate is 4.4 percent. What is the value of a call option on the stock with a strike price of $43 and 71 days to expiration? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Call option

$