1. [1D pts.] You are trying to value a oneperiod call option on Ferrari (RACE) with a strike price of $32. The Current riskfree rate is 10%. Next year, the price of RACE will be $33 if the economy is good or $22 if the economy is had. Unforntnstely, you don't blow the current stock price for RACE. However, you know that a put opon on PLACE with a strike price of $31!} has a current price of $2.313. Wt is the value of the call option