Stock price: $48

Exercise price : 46

Time to expiration: 1 year

Stock price variance: 0.40 per year

Risk-free interest rate (compounded continuously) 5% per year

A) at what price should a European call option with the above characteristics sell (Note: when calculating N(d1) and N(d2). please carry your estimates out to 4 digits

B) Is this call option in the money, at the money, or out of the money.

C) At what price should the corresponding put option sell?