Homework Problem 1 -Assume: CLW Inc. *does not pay dividends. *The standard deviation of CLW is 45 % per year. *The risk-free rate is 5%. *CLW stock has a current price of $24. Using the Black-Scholes formula, what is the price for a 1/2 year American call option on CLW with a strike price of $30? Problem 2 -Assume: *CLW Inc. does not pay dividends. *The standard deviation of CLW is 45% per year. *The risk-free rate is 5%. *CLW stock has a current price of $24. Using the Black-Scholes formula, what is the price for a 1/2 year American put option on CLW with a strike price of $30