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The current price of a non-dividend-paying stock is $30. Over the next 3 months, the stock price is expected to either move up by 10%

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The current price of a non-dividend-paying stock is $30. Over the next 3 months, the stock price is expected to either move up by 10% or move down by 10%. The risk-free rate is 4% per annum with continuous compounding. Using a one-step binomial model, what is the value of a 3-month call on the stock with a strike price of $29? $1.71 O $2.18 $3.26 $2.43

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