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 0.26% per annum, to calculate the value of the 800 January 2014 call call option. Use a 365-day year.

The value of the 800 January 2014 call option is $_____________ (Round to the nearestcent.)?

GooG(GOOGLE INC) Calls 14 Jan 300.00 (GOOG1418A300-E) 14 Jan 350.00 (GOOG1418A350-E) 14 Jan 400.00 (GOOG1418A400-E) 14 Jan 450.00 (GOOG1418A450-E) 14 Jan 500.00 (GOOG1418A500-E) 14 Jan 550.00 (GOOG1418A550-E) 14 Jan 600.00 (GOOG1418A600-E) 14 Jan 650.00 (GOOG1418A650-E) 14 Jan 660.00 (GOOG1418A660-E) 14 Jan 680.00 (GOOG1418A680-E) 14 Jan 700.00 (GOOG1418A700-E) 14 Jan 750.00 (GOOG1418A750-E) 700.77 Bid Ask 402.90 355.30 308.20 263.00 220.20 181.00 145.20 114.30 108.50 97.80 87.60 66.20 -5.38 Open Int 405.90 358.00 311.60 266.50 223.90 184.70 148.60 117.30 111.60 101.70 91.00 68.10 4 34 471 25 229 122 303 292 63 91 508 534