The answer of 3.36 is incorrect, below is the reasoning for why its incorrect if you could please show the correct answer from the formula below.

A stock trades for $42 per share. A call option on that stock has a strike price of $54 and an expiration date six months in the future. The volatility of the stock's returns is 41%, and the risk-free rate is 5%. What is the Black and Scholes value of this option? The Black and Scholes value of this call option is $ (Round to the nearest cent.) * Try again. To calculate the value of the call option, use the Black and Scholes option-pricing model formulas below: Call price =( Stock price )( Probability 1)( Present value of strike price )( Probability 2), where Probability 1 = Normsdist ( Value 1); Probability 2 = Normsdist ( Value 2); Value 1=(Standarddeviation)TimetoexpirationNaturallogof(StrikepriceStockprice)+(Risk-freerate+2(Standarddeviation)2)(Timetoexpiration); Value 2= Value 1( Standard deviation )Timetoexpiration