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Suppose a unit of a certain stock is worth 100 now and in one time tick can increase or decrease by 25. What is the

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Suppose a unit of a certain stock is worth 100 now and in one time tick can increase or decrease by 25. What is the value of an option to buy the stock at 110 euro after three time ticks? (Assume that r=0.) Suppose a unit of a certain stock is worth 100 now and in one time tick can increase or decrease by 25. What is the value of an option to buy the stock at 110 euro after three time ticks? (Assume that r=0.)

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