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A call option on ABC Inc. has a strike price of $25 a bid price of $ 20 and ask price of $0.25. The current

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A call option on ABC Inc. has a strike price of $25 a bid price of $ 20 and ask price of $0.25. The current share price is $24. 25. If the future share price of ABC could be either $22 or $35, and the current risk free rate is 5%, what is the value of this call option? Multiple Choice $2.54 $0.50 $2.90 $020 $3.75 W

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