One-Period Binomial Option Valuation Model The shares of Dunder Mifflin, Inc (DNDY) are currently trading at $20 per share. You are extremely bullish about DNDY's prospects and would like to buy an at-the- money call to profit should the stock price rise. At the end of one period, the market expects DNDY's price will be either $25. in the up case, or $16, in the down case. The risk free rate is 2%. Use this information to answer the questions in this section. Assume you are using a one-period binomial option valuation model. Question 4 (3 points) What is the value of the option in the up state? $0.00 $5.00 $25.00