You have been given the following information on a call option on the stock of Puckett Industries:
	P =	$75		X =	$85
	t =	0.5		rRF =	5%
	s =	0.70
a. Using the Black-Scholes Option Pricing Model, what is the value of the call option?
First, we will use formulas from the text to solve for d1 and d2.
					Hint: use the NORMSDIST function.
	(d1)	=		N(d1) =
	(d2)	=		N(d2) =
Using the formula for option value and the values of N(d) from above, we can find the call option value.
	VC	=
b. Suppose there is a put option on Puckett's stock with exactly the same inputs as the call option. What is the value of the put?
				Put option using Black-Scholes modified formula	=
				Put option using put-call parity	=