Suppose a $60 strike call has 45 days until expiration and pays a 1.5% continuous dividend. Assume S = $58.50, s = 0.25, and r = 0.06. The

call price acccording to the Black-Scholes formula is $1.533. What is the option elasticity given an immediate price increase of $1.50?

Group of answer choices

24.61

16.30

14.61

9.61