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A stock with a current price of $18 will either move up by a factor of 1.2 or down by a factor of .9 each

A stock with a current price of $18 will either move up by a factor of 1.2 or down by a factor of .9 each period over the next two periods. The risk-free rate of interest is 4.5 percent. What is the current value of a call option with a strike price of $20?

$1.02

$1.08

$1.17

$1.21

$1.27

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