Ashare of AnTech stock currently sells for $42. A European call option with an expiration date of 6 months and an exercise price of $40 is available. The stock has an annual standard deviation of 20%....

Ashare of AnTech stock currently sells for $42. A European call option with an expiration date of 6 months and an exercise price of $40 is available. The stock has an annual standard deviation of 20%. The stock price has tended to increase at a rate of 15% per year. The risk-free rate is 10% per year. What is a fair price for this option?

Objective To use simulation to find the price of a European call option.