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A European call option expiring in one year with strike price 50 has premium 5.00 . The underlying stock pays continuous dividends proportional to its

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A European call option expiring in one year with strike price 50 has premium 5.00 . The underlying stock pays continuous dividends proportional to its price at a rate of 2%. The continuously compounded risk-free interest rate is 6%. The underlying stock's price is modeled with the following binomial tree having one period of one year: Determine the amount to borrow or lend in order to immediately gain 10.00 through a combination of transactions that cannot lead to a future loss

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