A call option written on a company's common stock has a strike price of $65. The expiration date is in six months. Right now, stock shares sell for $67 a share. The risk- free rate is 5 percent per year, compounded continuously. The standard deviation of the stock is 0 percent per year. Using the Black-Scholes formula, calculate the current value of this call option. (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Price $ 1.80 X