Assume that the current price of DEY stock is $25, that a 6 month call option on the stock has a strike or exercise price of $27.50, the risk free rate is 4%, and that you have calculated N(d1) as .5476 and N(d2) as .4432. Use the Black-Scholes model to calculate the price of the option.

O $1.98

O $1.74

O $4.20

O $2.50

Assume that the current price of DEY stock is \\( \\$ 25 \\), that a 6 month call option on the stock has a strike or exercise price of \\( \\$ 27.50 \\), the risk free rate is \4, and that you have calculated N(d1) as .5476 and N(d2) as .4432. Use the Black-Scholes model to calculate the price of the option. \\( \\$ 1.98 \\) \\( \\$ 1.74 \\) \\( \\$ 4.20 \\) \\( \\$ 2.50 \\)