Black-Scholes Model Assume that you have been given the following information on Purcell Industries:

Current stock price = $15 Time until expiration of option = 6 months Variance of stock return = 0.12 Exercise price of option =$15 Risk-free rate = 10% d1 = -0.32660 d2 = -0.08165 N(d1) = 0.62795 N(d2) = 0.53252

Using the Black-Scholes option pricing model, what is the value of the option? Round your answer to the nearest cent.