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Given the following infromation, use the biniomial option pricing model to determine the price of this European call option. Round your final answer to two

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Given the following infromation, use the biniomial option pricing model to determine the price of this European call option. Round your final answer to two decimals. 30.00 $ $ 50.00 $ 90.00 Strike price (K) Stock price (s) Stock price up (su) Stock price down (Sp) Risk-free rate (rf) Time to expiration in years $ 70.00 5% 1.00 Call payoff up (Cu) Call payoff down (Cp) B Call premium

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