The Current Stock Price of Howard & Howard Is $64

Multiple Choice

The current stock price of Howard & Howard is $64, and the stock does not pay dividends. The instantaneous risk-free rate of return is 5%. The instantaneous standard deviation of H&H's stock is 20%. You want to purchase a call option on this stock with an exercise price of $55 and an expiration date 73 days from now.
Using the Black-Scholes OPM, the call option should be worth ________ today.

A) $0.01
B) $0.08
C) $9.26
D) $9.62