Assume the following inputs for a call option: $(1)$ current stock price is $$29,(2)$ strike price is $$35,(3)$ time to expiration is $4$ months, $(4)$ annualized risk$-$free rate is $4\%,$ and $(5)$ variance of stock return is $0\mathrm{.}32.$ The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below.

Open spreadsheet: Black$-$Scholes Model

Current price of underlying stock, P $$29\mathrm{.}00$

Strike price of the option, X $$35\mathrm{.}00$

Number of months unitl expiration $4$

Time until the option expires, t

Risk$-$free rate, rRF $4\mathrm{.}00\%$

Variance, $\backslash$sigma $20\mathrm{.}32$

d$1=$

N$($d$1)=0\mathrm{.}5000$

d$2=$

N$($d$2)=0\mathrm{.}5000$

VC $=$

Use the Black$-$Scholes model to find the price for the call option. Do not round intermediate calculations. Round your answer to the nearest cent.

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