3. The current price, S, of a stock is $50. Ove the course of the next year, this stock price can either go up by $20 or go down by $15. The stock pays no dividends. If the interest rate is 10%, use the Binomial Model to calculate the price of a 1-year call option with strike price of $60. Start by drawing a diagram or table indicating the information you know about the values of the stock, interest bearing deposit, and option