Using the following information compute the price of the following European call option using the Black-scholes model. Round your final answer to two decimals.

Stock price (S) $300

Annual stock volatility (s) 40%

Risk-free rate (rf) 5%

Dividend payment occuring in six months $5

Stock's annual cost of capital (rE) 20%

Time to expiration in years 1.00

Strike Price (K) $200

S* = S - PV(DIV) $295.44

PV(K)= $190.48

(d1)= 1.097309571

(d2)= 0.697309571

Black Scholes Option Price= $110.95 IS THIS CORRECT??? Thank you.