An analyst wants to price a 1-year, European-style call option on company REX's stock using the Black-Scholes-Merton (BSM) model. REX announces that it will pay a dividend of USD 1.25 per share on an ex-dividend date 1 month from now and has no further dividend payout plans. The relevant information for the BSM model inputs is in the following table:

Current stock price (S₀)	USD 60
Stock price volatility (σ)	12% per year
Risk-free rate (r)	3.5% per year
Call option exercise price (K)	USD 60
N(d₁)	0.570143
N(d₂)	0.522623

What is the price of the 1-year call option on the stock?