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The price of Cilantro, Incorporated, stock will be either $60 or $80 at the end of the year. Call options are available with one year

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The price of Cilantro, Incorporated, stock will be either $60 or $80 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 stock is $70. What is the value of the call option if the exercise price is $50 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 stock is $70. What is the value of the call option if the exercise price is $55 per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Call value $ 17.68 6.43 b. Call value $

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