Data: s0=120;X=132;1+r=1.1. The two possibilities for sT are 150 and 96 . a-1. The range of S is 54 while that of C is 18 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 132. (Do not use continuous compounding to calculate the present value of X in this example because we are using a two-state model here; the assumed 10% interest rate is an effective rate per period.) (Do not round intermediate calculations. Round your answer to 2 decimal places.)