(1 point) A stock currently trades at $43, and the volatility of its return is 5%. The continuously compounded rate of interest is 9%. Consider a call option struck at $48, with 75 days to expiration (recall that there are 251 trading days in one year).

a) What is the price of the option (rounded to the nearest cent)?

Answer = $.

b) What is the option's delta (rounded to four decimal places)?

Answer =.

c) Use your answer from (b) to estimate the value of the option tomorrow, assuming the stock is trading at $44.35 at that time?

Answer = $.

d) What is the exact value of the option tomorrow, assuming the stock is trading at $44.35 at that time?

Answer = $.