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Deck's stock is currently selling for $82.00 a share but is expected to decrease to either $77.90 or increase to $90.20 a share over the

Deck's stock is currently selling for $82.00 a share but is expected to decrease to either $77.90 or increase to $90.20 a share over the next year. The risk-free rate is 3 percent. What is the current value of a 1-year call option with an exercise price of $82?

$4.25

$3.95

$3.65

$2.75

$0.00

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