One of the call options of Nike's Inc. has the following characteristics (as of today):

Today's per-share stock price of Nike	170
Today's annual risk-free rate	3%
Time left until Nike's option expires, in years	0.45
Standard deviation of Nike's annual stock returns	0.75
Strike price of Nike's call option	140

Based on your Black-Scholes formula calculations, the current value of this call option is ____________________.

Let's say, today you checked Nike's financial information on their website, and it shows that currently this call option sells for less than the number you've calculated. This means that ___________________.

1	...the call option is currently underpriced.
2	...the call option is priced correctly.
3	...the call option is currently overpriced.