Assume the the Black-Scholes framework. You are given the following information about a non-dividend paying stock and a one year European call option on this stock: i) The current stock price is 60. ii) The strike price is 70. iii) Gamma for the option is 0.0524. iv) The continuously compounded risk-free interest rate is 6%. The price of the stock jumps to 60.50 and the price of the option increases by 0.0985. Calculate the implied volatility of the stock based on the delta-gamma approximation. Assume the the Black-Scholes framework. You are given the following information about a non-dividend paying stock and a one year European call option on this stock: i) The current stock price is 60. ii) The strike price is 70. iii) Gamma for the option is 0.0524. iv) The continuously compounded risk-free interest rate is 6%. The price of the stock jumps to 60.50 and the price of the option increases by 0.0985. Calculate the implied volatility of the stock based on the delta-gamma approximation