Consider the Following Exotic Option Whose Payoff at Maturity Is

Multiple Choice

Consider the following exotic option whose payoff at maturity is given by the stock price squared less a strike price if it has a positive value,zero otherwise,that is: max[S(1) ² - K,0].
Using the above data except for assuming a new strike price is $5,today's arbitrage-free price of this exotic option is:

A) $210.13
B) $438.85
C) $786.63
D) $888.60
E) None of these answers are correct.