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You are interested in purchasing a European call on a hot new stock, Up, Inc. The call has a strike price of $90 and expires

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You are interested in purchasing a European call on a hot new stock, Up, Inc. The call has a strike price of $90 and expires in 80 days. The current price of Up stock is $110.00, and the stock has a standard deviation of 30% per year. The risk-free interest rate is 5.00% per year. Up stock pays no dividends. Use a 365-day year and the appropriate model to compute the price of the call option. O $21.36 $28.52 $25.68 O $16.22

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