Calculating Option Values [LO2] The price of Cilantro, Inc., stock will be either $60 or $80 at the end of the year. Call options are available with one year to expiration. T-bills currently yield 6 percent. a. Suppose the current price of the company's stock is $70. What is the value of the call option if the exercise price is $50 per share? b. Suppose the exercise price is $65 in part (a). What is the value of the call option now