Homework: Ch 22B HW, Real PLIUS, ULU, TU Score: 0 of 5 pts 3 of 3 (1 complete) HW Score: 13.64%, 1.5 of 11 Instructor-created question Question Help You own a one-year call option to buy one acre of Los Angeles real estate. The exercise price is $2.19 million, and the current, appraised market value of the land is $1.89 milion. The land is currently used as a parting tot generating just enough money to cover real estate taxes. The annual standard deviation is 16% and the interest rate 10% How much is your call worth? Use the Black-Scholes formula (Answer in $000s with one decimal place.) Enter your answer in the answer box and then click Check Answer All parts showing Clear AB Check