Problem 19.5 The current price of a stock is $110. The annual continuously compounded interest rate is 0.10, and the stock pays continuous dividends at the coni uously compounded yield 0.08. The annualized standard deviation of the continuously compounded stock return is 0.32. Using a three-period bino mial pricing model, find the price of an American call option on the stock with strike price $100 and that matures in nine months