A stock is priced at $50 with a volatility of 35 percent. A call option with an exercise price of $50 has an expiration in one year. The risk-free rate is 5 percent. Construct a table for stock prices of $5, 10, 15, ..., 100. Compute the BlackScholesMerton price of the call and the European lower bound and verify that the former is at least as large as the latter.

(The above question is related to the Financial Derivatives and Risk Management)