Use the Following Information to Answer the Question(s)below

question 24

Multiple Choice

Use the following information to answer the question(s) below.
(Please use a copy of the Cumulative Probabilities for the standard normal distribution for these problems. )
Taggart Transcontinental's stock has a volatility of 25% and a current stock price of $40 per share.Taggart pays no dividends.The risk-free interest rate is 4%.
-The Black-Scholes value of a one-year call option on Taggart stock with a strike price of $50 is closest to:

• A)$1.45.
• B)$3.15.
• C)$4.75.
• D)$9.50.

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Definitions:

Information Technology

The use of computers, networks, and other physical devices, infrastructure and processes to collect, process, store, secure, and exchange all forms of electronic data.

Workforce Diversity

The inclusion of individuals with a wide range of characteristics and experiences, such as different races, religions, nationalities, genders, ages, and physical abilities, in a company or organization.

Sexual Orientation

An intrinsic characteristic of individuals that describes their emotional, romantic, or sexual attraction towards persons of the same gender, opposite gender, both, or neither.

Customer Service Call

A telephone call made by a customer to a company's support or service team, seeking assistance or information regarding products or services.