Use the Black-Scholes formula to find the value of a call option based on the following...

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Finance

Use the Black-Scholes formula to find the value of a call optionbased on the following inputs. (Round your final answer to2 decimal places. Do not round intermediatecalculations.)
Stock price $ 53.00
Exercise price $ 51.00
Interest rate 5.00 %
Dividend yield 3.00 %
Time to expiration 0.2500
Standard deviation of stock’s returns 38.00 %
Call value $

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Use the Black-Scholes formula to find the value of a call optionbased on the following inputs. (Round your final answer to2 decimal places. Do not round intermediatecalculations.)Stock price$53.00Exercise price$51.00Interest rate5.00%Dividend yield3.00%Time to expiration0.2500Standard deviation of stock’s returns38.00%Call value $


Stock price	$	53.00
Exercise price	$	51.00
Interest rate		5.00	%
Dividend yield		3.00	%
Time to expiration		0.2500
Standard deviation of stock’s returns		38.00	%