Question 7 (10 points) During the last ten hours of trading, call options on ABC common stock have risen from $1.20 to $1.50. Shares of the underlying stock have risen from $51.30 to $52.05 during the same time interval. What is the delta of the call option? 1 0.100 2) 0.200 3) 0.300 )0.400 5) 0.500