45.

The common stock of Winsson, Inc. is currently priced at $52.50 a share. One year from now, the stock price is expected to be either $54 or $60 a share. The risk-free rate of return is 4%. What is the value of one call option on Winsson stock with an exercise price of $55?

A.

$0.39

B.

$0.41

C.

$0.45

D.

$0.48

E.

$0.51