Assuming Google's stock has an implied volatility of 26.60%, use the Black-Scholes option pricing formula and the market data in the table below along with a risk-free rate of 0.22% per annum, to calculate the value of the 800 January 2014 call call option. Use a 365-day year.

Calls	bid	ask	open int	Avg price call	Strike price	stock price estimated using black scholes calculator
14 Jan 300	402.9	405.9	4	404.4
14 Jan 350	355.3	358	34	356.65
14 Jan 400	308.2	311.6	471	309.9
14 Jan 450	263	266.5	25	264.75
14 Jan 500	220.2	223.9	229	222.05
14 Jan 550	181	184.7	122	182.85
14 Jan 600	145.2	148.6	303	146.9
14 Jan 650	114.3	117.3	292	115.8
14 Jan 660	108.5	111.6	63	110.05
14 Jan 680	97.8	101.7	91	99.75
14 Jan 700	87.6	91	508	89.3

The value of the 800 January 2014 call

option is

(Round to the nearest cent.)