Madeline Manufacturing Incis current stock price is $40 per share. Call options for this stock exist that permit the holder to purchase one share at an exercise price of $30. These options will expire at the end of 1 year, at which time Madeline's stock wai be seling at one of two prices $20 or $45. The risk-free rate is 5\%. Using the binomial option pricing model, create a riskless hedged investment and answer the following questions: What is the current value of the firm's call option? Do not round intermediate calculations. Round your answer to the nearest cent. 5