You Own a Call Option on Beaker Glass Stock That

You own a call option on Beaker Glass stock that expires in one year. The exercise price is $35. The current price of the stock is $38.20 and the risk-free rate of return is 4.7 percent. Assume the option
Will finish in the money. What is the current value of the call option?

A) $0
B) $1.49
C) $3.97
D) $4.77
E) $5.46