The current price of Estelle Corporation stock is $$25\mathrm{.}00.$ In each of the next two years, this stock price will either go up

by $16\%$ or go down by $16\%.$ The stock pays no dividends. The one$-$year risk$-$free interest rate is $6\mathrm{.}0\%$ and will remain

constant. Using the Binomial Model, calculate the price of a one$-$year call option on Estelle stock with a strike price of

$$25\mathrm{.}00.$

The price of the one$-$year call option is $

$($Round to to the nearest cent.$)$