Use the Black$-$Scholes formula for the following stock:

Time to expiration $6$ months

Standard deviation $55\%$ per year

Exercise price $$51$

Stock price $$50$

Annual interest rate $5\%$

Dividend $0$

Calculate the value of a call option.

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.Use the Black$-$Scholes formula for the following stock:

Calculate the value of a call option.

Note: Do not round intermediate calculations. Round your answer to

$2$ decimal places.

Answer is complete but not entirely correct.

Value of a call option

$$,6\mathrm{.}99$