Given the European call prices for the non-dividend-paying stocks of the companies, ABC and XYZ, shown in the table below, for which company is the implied volatility consistent with the Black-Scholes equation? Briefly explain using calculated implied volatility, and in your explanation include a statement of the relationship between the strike and implied volatility assumed by the Black-Scholes equation. For each option the stock price is GBP 80, interest rate is 6%/year, and the time to expiration is 9 months. Implied Volatility XYZ Strike (GPB) ABC Call Price (GBP) XYZ ABC 70 17.94 15.84 90 14.16 5.89