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A call option has a strike price of $32 and one period until it expires. The primary asset costs $33.34 and will either go up

A call option has a strike price of $32 and one period until it expires. The primary asset costs $33.34 and will either go up by 16% or down by 9% over the next period. The per-period risk-free rate is 3%. What should the price of this call option be today? Round to the nearest penny.

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