2.3 Assume the BS-framework. Consider a European call option on an asset S and the maturity of the option in 1-year. When applying the BS formula for the option, let's say you obtain Ndi) = 0.6591 and 1(da) = 0.3409. 2.3.1 Find the volatility o of the asset S. Hint: Assume T = 1 and use the table. 2.3.2 Deduce the volatility of the option, using the concept of call elasticity. (refer. Theorem 3.7.6 in the course-guide) 2.3 Assume the BS-framework. Consider a European call option on an asset S and the maturity of the option in 1-year. When applying the BS formula for the option, let's say you obtain Ndi) = 0.6591 and 1(da) = 0.3409. 2.3.1 Find the volatility o of the asset S. Hint: Assume T = 1 and use the table. 2.3.2 Deduce the volatility of the option, using the concept of call elasticity. (refer. Theorem 3.7.6 in the course-guide)