Direction: Please answer following questions with clearly and legibly written final answers. An answer from previous question will be needed to answer the question that follows. You may write down your steps for partial credit, but they are not required. No penalty will be given for attempts. Using powerful mathematical/statistical tool such as financial calculator or Excel spreadsheet is strongly recommended. Consider following listing of call option on Tesla on Yahoo! Finance (Real quotes used) Current Price $580 Strike Price: $600 Risk-free Rate: 3.1% Time to Expiration: 6 months (0.5 year) Call Premium $95.06 Dividend Yield 0% 17. What is the implied volatility of above listed call option? (hint: use the excel file I have uploaded on college, Instead of solving the algebraic equation of Black-Scholes, try to manipulate around volatility number to find the volatility that results in the given call price)