1. A European call option on Workday Inc with a strike price of $163.20 matures in 1 year. The risk-free rate is 2% APR compounded annually. Workdays current share price is $160 and its standard deviation of returns is 60%. You should assume that Workday does not pay dividends.

   What is the price of this option using the Black Scholes formula? Your answer should be rounded to the nearest dollar ($200.49 would be rounded to $200 and $200.50 would be rounded to $201.)

   		16
   		23
   		32
   		38
   		None of the other answers are correct