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This morning, you purchased a call option on Schoolhouse Supply Co. stock that expires in one year. The exercise price is $45.10. The current price
This morning, you purchased a call option on Schoolhouse Supply Co. stock that expires in one year. The exercise price is $45.10. The current price of the stock is $62.70 and the risk-free rate of return is 3.6 percent. Assume that the option will finish in the money. What is the current value of the call option?
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$18.07
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$19.17
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$17.27
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$21.14
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$21.92
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