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Assume that you have been given the following information on Purcell Industries' call options: Current stock price = $ 1 4 Strike price of option
Assume that you have been given the following information on Purcell Industries' call options:
Current stock price $ Strike price of option $
Time to maturity of option months Riskfree rate
Variance of stock return
d Nd
d Nd
According to the BlackScholes option pricing model, what is the option's value? Do not round intermediate calculations. Round your answer to the nearest cent. Use only the values provided in the problem statement for your calculations.
$
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