### Option Pricing using Black-Scholes, Warrants, Leasing, Understanding Option Quotes

1) Black-Scholes: What are the prices of a call option and a put option with the following characteristics? Stock price = $38 Exercise price = $35 Risk -free rate = $6% per yr compounded continuously Maturity = 3 months Standard deviation = 54% per year 2) Warrant Value: A warrant gives its owner the right to purcha