Question 1: Use the following information calculate the options price. You are analyzing a call option for Boeings stock, which is currently priced at $210.00 per share (stock price). The options exercise price is $230.00. The option has a three-month time to maturity, the 3-month risk-free rate is 0.8% and the market return is expected to be 5%. You expect the following possible stock prices in three months ($180 or $240). Calculate the value of this option using the portfolio replication and risk-neutral probability method, showing all of your work and rounding your final answer to the nearest penny.