Consider a 3-year American call option on a non-dividend-paying stock. The call's strike price is $320. The stock currently sells for $350, and the price moves either up or down by 15% in each step. The risk-free rate is 2% per annum. What is the price of the American call? Use a three-step binomial tree.

Group of answer choices

$49.00

$53.54

$65.41

$72.31