THIS PROGRAM WILL GIVE THE VALUE OF A CALL OPTION VIA THE
BLACK SCHOLES OPTION VALUATION FORMULA. NECESSARY INPUT
CONSISTS OF PRESENT STOCK PRICE, EXERCISE PRICE OF THE
OPTION,INTEREST RATE,# OF DAYS TO EXPIRATION OF THE OPTION
AND STOCK VOLATILITY. OUTPUT IS THE VALUE OF THE OPTION
AND THE HEDGE RATIO.

PRESS ENTER TO CONTINUE? 
STOCK PRICE,EXERCISE PR.,INT.RATE(%),DAYS TO EXP,VOLATILITY(%)
? 12.34,45.67,5,39,7

ARE OPTIONS PUTS(P) OR CALLS(C)? P
ST.PR.   EX.PR.    INT.RT.   D.T.EXP.     VOL.    VALUE  HEDGE

 12.34    45.67      0.05       39        0.07   33.09   1.00

PRESS ENTER FOR MORE? -1
