Black-Scholes Call Option Value

A call option on a stock is valued using the Black-Scholes model. The current stock price is $50, the exercise price is $55, the risk-free interest rate is 5%, the time to expiration is 1 year, and the volatility of the stock is estimated at 20% per annum.

Using the Black-Scholes formula, which of the following statements is true regarding the value of the call option?