The current stock price is $80. After six months, it either goes up by a factor u = 1.20 or it goes down by a factor d 0.80. The continuously compounded risk-free rate is 6% per year. Consider an exotic option whose payoff after six months is given by the stock price S(T) squared less the strike price (K = $7,500) if it has a positive value, zero otherwise, that is: max[S(T)2-7,500, 01. What is the price of the exotic option? O a $940 O b. $960. Oc $950 Od $930 Oe $920