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Intro The current price of a non-dividend-paying stock is $625 and the annual standard deviation of the rate of return on the stock is 27%.

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Intro The current price of a non-dividend-paying stock is $625 and the annual standard deviation of the rate of return on the stock is 27%. A European call option on the stock has a strike price of $630 and expires in 0.5 years. The risk-free rate is 5% (continuously compounded). IB Attempt 1/3 for 10 pts. Part 1 What should be the price (premium) of the call option? 0+ decimals

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