The following information is given about options on the stock of a certain company. Briefly discuss.

S₀ = 23 X = 20

r_c = 0.09 T = 0.5

s² = 0.15

What value does the Black-Scholes-Merton model predict for the call?

The price of a put on the stock is? Price of a call? Assume no dividends.

To construct a riskless hedge, the number of puts per 100 shares purchased is?

If the company issues .70 cents dividend how does this answer compare to part a and why?