A stock price has an expected return of 16% and volatility of 35%. The current price is $38.

A.) What is the probability that a European call option on the stock with an exercise price of $40 and maturity date in 6 months will be exercised?

B.) What is the probability that a Europena put option on the stock with the same exercise price and maturity will be exercised?

Breakdown and show in excel please