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A stock's price is currently trading at $117.25; it can move up or down 6% each time period. The risk-free rate is 5.95% per

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A stock's price is currently trading at $117.25; it can move up or down 6% each time period. The risk-free rate is 5.95% per period. The stock pays no dividend. A European call option written on the stock has an exercise price of $116.. Based on the above information, what is the value of the call using the one-period binomial model? O $5.91 O $7.89 $19.72 O $15.78 $23.67 13

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