a. Use the Black-Scholes formula to find the value of the following call option. (Do not round intermediate calculations. Round you final answer to 2 decimal places.) i. Time to expiration 1 year: ii. Standard deviation 40% per year. iii. Exercise price $50. iv. Stock price $50. v. Interest rate 4% (effective annual yield). b. Now recalculate the value of this call option, but use the following parameter values. Each change should be considered independently. (Do not round intermediate calculations. Round your finat answers to 2 decimal places.) 1. Time to expiration 2 years. i1. Standard deviation 50% per year. ii. Exercise price $60. iv. Stock price $60. v. Interest rate 6%. c. In which case did increasing the value of the input not increase your calculation of option value