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The current price of Montana Railroad stock is $15. In each of the next two years, this stock price can either go up by 25%

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The current price of Montana Railroad stock is $15. In each of the next two years, this stock price can either go up by 25% or go down by 20%. The stock pays no dividends. The one-year risk-free interest rate is 4.3% and will remain constant. Using the Binomial Model (risk-neutral probabilities), find the price of the two-year call option with a strike price of $17. O $2.05 O $2.88 O $1.73 $1.98

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