Data: 5o = 120; X = 138; 1 + r=115. The two possibilities for S, are 150 and 102 6-1. The range of Sis 48 while that of Cis 12 across the two states. What is the hedge ratio of the call? (Round your answer to 2 decimal places.) Hedge ratio a-2. Calculate the value of a call option on the stock with an exercise price of 138. (Do not use continuous compounding to calculate the present value of Xin this example because we are using a two-state model here with discrete periods, not a continuous-time Black-Scholes model) (Do not round intermediate calculations. Round your answer to 2 decimal places.) Call value