Suppose the exchange rate is $1.74/. Let r$=4%,r=6%,u=1.17,d=0.83, and T=1.5. Using a 2 -step binomial tree, calculate the value of a $1.65-strike European call option on the curo. Selected Answer: d. 50.1620 Answers: a. $0.1801 b. 50.1581 c. $0.1720 d. 50.1620 e. $0.1669 uestion 8 1 out of 1 points Suppose the exchange rate is $1.71/. Let r$2%,r=7%,u=1.16,d=0.78, and T=2. Using a 2 -step binomial tree, calculate the value of a S1.70-strike American call option on the euro. Selected Answer: c $0.1253 Answers: a. $0.1118 b. 50.1172 c. $0.1253 d. $0.1220 e. 50.1196