The current price of Estelle Corporation stock is $30.00. In each of the next two years, this stock price will either go up by 20% or go down by 20%. The stock pays no dividends. The one-year risk-free interest rate is 7.0% 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 $30.00. ..... The price of the one-year call option is $7.36. (Round to to the nearest cent.)