A stock price is currently $50. It is known that at the end of one month it will be either $52.5 or $47.5. The risk-free interest rate is 9% per annum with continuous compounding. Use the no-arbitrage approach to find the value of a one-month European call option with a strike price of $49? A stock price is currently $50. It is known that at the end of one month it will be either $52.5 or $47.5. The risk-free interest rate is 9% per annum with continuous compounding. Use the no-arbitrage approach to find the value of a one-month European call option with a strike price of $49