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A call option on ABC Inc. has a strike price of $25, a bid price of $0.20 and ask price of $0.25. The current share

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A call option on ABC Inc. has a strike price of $25, a bid price of $0.20 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? $2.90 $0.50 $3.75 $0.20 O $2.54

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