You Own a Call Option on Jasper Co

Multiple Choice

You own a call option on Jasper Co.stock that expires in one year.The exercise price is $35.The current price of the stock is $48 and the risk-free rate of return is 4.5 percent.Assume the option will finish in the money.What is the current value of the call option per share?

A) $13.00
B) $13.59
C) $13.97
D) $14.51
E) $15.46