Q3. Consider a stock worth $35 that can go up or down by 15 percent per period. The riskfree rate is 10 percent. The exercise price of European call option is $35. Use one binomial period. a. Determine the two possible stock prices for the next period. (1 Mark) b. Determine the intrinsic values/values at expiration of a European call option. (1Mark) c. Find the theoretical value/Price of the option today. (2 Mark)