You have been granted stock options on 300 shares of your employer's stock. The stock is currently selling for $37.80 and han a standard deviation of 30%. The option's strike price is $35 and the lime

to maturity is 10 years. What is the value of each option given a risk-free rate of 3.0%? Assume that no dividends are paid.

The standard normal probabilities are

N(-d1)= 19169

N(-d2)= 53068

You have boom ganded shock ops on 300 shares of your employer's stock. The stock is crysning may in 10 years What is the value of each option gemak bere of 10%? As that no dividends are The standard normal probables are $1756 und hat N(-41) 19169 N(-)- 53068 For the toolbar, pres ALT+F10 (PC) or ALTHFNF10(M) B IV 6 Paragraph Anal 10p4 V #F 20 A