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Suppose a share of stock sells for $68. The risk-free rate is 5 percent, and the stock price in one year will be either $74

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Suppose a share of stock sells for $68. The risk-free rate is 5 percent, and the stock price in one year will be either $74 or $84. a. What is the value of a call option with a $74 exercise price? Call option value b. Calculate the minimum return on the stock required to get the option in the money. (Round your answer to 2 decimal places. (e.g., 32.16)) Minimum stock return

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