Consider a call option on a stock.The stock's current price is $30 and the strike price is $32.The option expires in 6 months.The annual risk-free rate is 6%.At expiration the stock will either go up to $36 or down to $24.The up factor is 1.2 and the down factor is .80.Calculate the value of the option.

$2.12

$2.24

$3.18

$4.45

None of the above