Assume that you have been given the following information on Purcell Industries:

Current stock price $15 Strike price of option = $15

Time to maturity of option 6 months Risk-free rate 6%

Variance of stock return = 0.12

dl 0.24495 N(dl) 0.59675

d2 0.00000 N(d2) 0.50000

According to the Black-Scholes option pricing model, what is the option's value? Please solve in Excel

Use the Black-Scholes Model to find the price for a call option with the following

inputs: (l) Current stock price is $30. (2) Strike price is $35. (3) Time to expiration

is 4 months. (4) Annualized risk-free rate is 5%. (5) Variance of stock return

is 0.25. Please solve in EXCEL