Question: One Period Binomial
A stock is selling for $32.70. The strike price on a call, maturing in 6 months, is $35. The possible stock prices at the end of 6 months are $39.50 and $28.40. The interest rates are 6.0%. What is the call option price? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.