Use a two-step binomial option pricing model to value an European call with an exercise price of $50 and a time to expiry of 1 year. The underlying stock is currently priced at $60. The shares are expected to grow at a continuously-compounded rate of 15%, with a volatility of 40%. The continuously-compounded risk-free rate is 5%. Show me trees for the stock price and put values like shown below. Stock Price Tree Step Put Value