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 company's 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$.,32\mathrm{.}16.)$

b$.$ Suppose the current price of the company's stock is $$70.$ What is the value of the call

option if the exercise price is $$65$ per share? $($Do not round intermediate calculations

and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

a$.$ Call value

b$.$ Call value