The current price of KD Industries stock is $25. In the next year, the stock price will either go up by 20% or go down by 20%, KD pays no dividends. The one-year risk-free rate is 5% and will remain constant. Assuming the Beta on KD stock is 1.50, the calculated beta for a one-year call option on KD stock with a strike price of $20 is closest to: 4.64 5.86 6.30 5.65