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PLEASE QUICKLcurrently, a call option on Bayou stock is available with an exercise price of $ 1 0 0 and an expiration date one year

PLEASE QUICKLcurrently, a call option on Bayou stock is available with an exercise price of $100 and an expiration date one year from now. Assume that the price of Bayou corporation stock today is $100. Furthermore, it is estimated that Bayou stock will be selling for either $63 or $159 in one year. Also, assume that the annual risk - free interest rate on a one year Treasury bill is 10 percent, continuously compounded. Therefore, the T- bill will pay $100xe0.1, or $110.25. Find the call option premium using the Binomial modeY
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