The current price of a stock is $36, and at the end of one year its price will either go up by a factor of 1.2 or down by a factor of 0.8333. The annual risk-free rate is 5.0%. A 1-year call option on the stock, with an exercise price of $38, is available. Based on the binomial model, how many shares make up the hedge portfolio?

0.24
		0.39
		0.50
		0.67
		0.82