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The price of Cilantro, Inc., stock will be either $80 or $102 at the end of the year. Call options are available with one year

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The price of Cilantro, Inc., stock will be either $80 or $102 at the end of the year. Call options are available with one year to expiration. T-bills currently yield 6 percent. a. Suppose the current price of the company's stock is $91. What is the value of the call option if the exercise price is $76 per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Suppose the current price of the company's stock is $91. What is the value of the call option if the exercise price is $86 per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. a. b. Call value Call value $ $ 19.30 9.87

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