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it is kind of urgent, only git 40 minutes left. thanks Question 7 1 pts B E F You are using a two-step binomial tree

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it is kind of urgent, only git 40 minutes left. thanks

Question 7 1 pts B E F You are using a two-step binomial tree to estimate the price of a call option on MCD. The strike price of the call option is $29. The price of MCD today is $36. The risk-free rate is 0.05. What is the price of the call? u = 3 d = 0.6

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