What is the price of a three-year European call option on a stock which is currently priced at $225, the exercise price is $200, the continuous risk-free rate is 5.25%, the volatility is 15% per annum, and the stock pays a dividend of $20.78 at the end of year one. Select one:

a. $41.28

b. $57.92

c. $60.15

d. None of the answers provided is correct