13 Problem 21-37 10 points You are attempting to value a call option with an exercise price of $107 and one year to expiration. The underlying stock pays no dividends, its current price is $107, and you believe it has a 50% chance of increasing to $136 and a 50% chance of decreasing to $78. The risk-free rate of interest is 9%. Calculate the call option's value using the two-state stock price model. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) eBook Value of the call option $ 5.90 References