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15. For a three-month European call option on a stock with a strike price of 40: . The Black-Scholes framework applies. . The time-t price of the stock is S(t). . S(0) 42. The continuously compounded, risk-free interest rate is 6 percent. . The stock's volatility is 60 percent. . The stock pays a dividend of 1 at the end of one month. Determine the option's premium (A) 3.28 (B) 3.95 (C) 4.93 (D) 5.64 (E) 6.26