The current stock price of Nickel and Dime Corp is $64, and the stock does not pay dividends. The risk-free rate of return is 5%. The standard deviation of the company’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. Show all steps please
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