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Netgear's stock is currently selling for $36.00 a share but is expected to decrease to either $32.40 or increase to $39.60 a share over the

Netgear's stock is currently selling for $36.00 a share but is expected to decrease to either $32.40 or increase to $39.60 a share over the next year. The risk-free rate is 3.5 percent. What is the current value of a 1-year call option with an exercise price of $36?

$1.82

$1.91

$2.08

$2.21

$2.35

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