1) Consider the following information. You want to price a call option for HP, INC. The call will be expiring one year today. You want to use quarters to value the call (90-Day periods) (HPC). Thus, you will use a four period binomial option pricing model. You can observe the following: So= $18.90 Rf = 1.5% Estimated Quarterly Up return: 5.25% Strike Price of Call = $18.15 Given these assumptions what would be the price of the call today? 8 points