Question 11 2 pts The price of Ervin Corp. stock will either be $65 or $89 at the end of the year. Call options are available with one year until expiration. Continuously compounded T-bills currently yield 2.58 %. Suppose the current price of Ervin stock is $74. What is the value of the call if the strike price is $55 per share? (Round answer to 2 decimal places. Do not round intermediate calculations) Topic: Two-State Binomial Option Pricing