URGENT

Nasdaq, Inc. (Nasdaq or NDAQ) shares closed on December 3, 2021, at USD 200.12 (Nasdaq shares are listed in the Nasdaq market). On the same date, the Yahoo Finance website had the following information regarding Nasdaq options with the maturity date on June 17, 2022:

Assume Nasdaq will pay a dividend of USD 0.54 per share on March 11, 2022, and June 17, 2022 (open prices are ex-dividend). Construct a binomial tree for June 17, 2022, assuming again that the stock price moves 6 times (i.e., every 32.67 days or 784 hours) and determine the American call option value for a strike price of USD 200? [if necessary, make reasonable assumptions]

Call Strike Last Price Bid Ask Open Implied Interest Volatility Put | Strike Last Price Bid Ask Open Interest Implied Volatility 110 110 0.60 0.05 1.65 4 54.00% 140 70.50 61.20 64.30 1 46.08% 140 150 -- 150 2.25 3.00 3.40 3 36.85% 155 53.30 49.90 52.10 0 44.29% 155 2.35 3.60 4.00 16 35.73% 160 43.90 44.00 45.20 1 35.70% 160 3.80 4.30 4.60 52 34.37% 165 --- 165 4.20 5.10 5.50 19 33.58% 170 --- 170 3.90 6.00 6.70 18 33.18% 175 41.40 30.50 33.60 1 33.63% 175 5.00 7.10 7.60 31 31.75% 180 37.30 28.20 30.70 1 34.24% 180 7.46 8.40 9.00 21 31.10% 185 27.50 24.70 25.80 11 30.61% 185 11.00 9.90 10.50 12 30.29% 190 25.90 21.50 22.60 1 29.98% 190 12.03 11.70 12.40 3 29.86% 195 22.50 18.70 20.20 2 30.39% 195 14.70 13.70 14.60 10 29.57% 200 15.09 16.00 16.80 32 28.67% 200 17.10 15.60 16.70 42 28.72% 210 10.80 11.50 12.20 245 27.86% 210 17.19 21.30 22.70 153 28.95% 220 6.40 8.00 8.60 55 27.24% 220 23.01 27.80 29.00 2 28.21% 230 4.80 5.40 5.90 18 26.76% 230 -- 240 2.83 3.50 3.90 68 26.28% 240 -- -- -- 250 2.49 2.25 2.55 30 26.01% 250 -- -- 260 1.42 1.40 1.70 10 26.06% 260 --- -- 270 0.91 0.85 1.10 16 26.01% 270 -- - 280 0.60 0.05 0.80 43 26.64% 280 -- -- -- 290 0.35 0.20 0.45 29 26.03% 290 300 0.51 0.05 0.70 11 30.08% 300 -- -- Call Strike Last Price Bid Ask Open Implied Interest Volatility Put | Strike Last Price Bid Ask Open Interest Implied Volatility 110 110 0.60 0.05 1.65 4 54.00% 140 70.50 61.20 64.30 1 46.08% 140 150 -- 150 2.25 3.00 3.40 3 36.85% 155 53.30 49.90 52.10 0 44.29% 155 2.35 3.60 4.00 16 35.73% 160 43.90 44.00 45.20 1 35.70% 160 3.80 4.30 4.60 52 34.37% 165 --- 165 4.20 5.10 5.50 19 33.58% 170 --- 170 3.90 6.00 6.70 18 33.18% 175 41.40 30.50 33.60 1 33.63% 175 5.00 7.10 7.60 31 31.75% 180 37.30 28.20 30.70 1 34.24% 180 7.46 8.40 9.00 21 31.10% 185 27.50 24.70 25.80 11 30.61% 185 11.00 9.90 10.50 12 30.29% 190 25.90 21.50 22.60 1 29.98% 190 12.03 11.70 12.40 3 29.86% 195 22.50 18.70 20.20 2 30.39% 195 14.70 13.70 14.60 10 29.57% 200 15.09 16.00 16.80 32 28.67% 200 17.10 15.60 16.70 42 28.72% 210 10.80 11.50 12.20 245 27.86% 210 17.19 21.30 22.70 153 28.95% 220 6.40 8.00 8.60 55 27.24% 220 23.01 27.80 29.00 2 28.21% 230 4.80 5.40 5.90 18 26.76% 230 -- 240 2.83 3.50 3.90 68 26.28% 240 -- -- -- 250 2.49 2.25 2.55 30 26.01% 250 -- -- 260 1.42 1.40 1.70 10 26.06% 260 --- -- 270 0.91 0.85 1.10 16 26.01% 270 -- - 280 0.60 0.05 0.80 43 26.64% 280 -- -- -- 290 0.35 0.20 0.45 29 26.03% 290 300 0.51 0.05 0.70 11 30.08% 300