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The current price of Natasha Corporation stock is 55.72. In each of the next two years, this stock price can either go up by $2

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The current price of Natasha Corporation stock is 55.72. In each of the next two years, this stock price can either go up by $2 50 or go down by $200. The stock pays no dividends. The one year risk free interest rate is 3.8% and will remain constant. Using the Binomial Model, calculate the price of a two-year call option on Natasha stock with a strike price of $7.00 The price of the two-year cal option is $ 3.45 (Round to the nearest cent)

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