We are using a two-state, two-period binomial process to estimate an American call option. The current stock price is $30 and the exercise price is $25. The risk-free rate 10%. The dividend yield is 6% and it is price can either go up by 15% or down by 10%. The dividend yield is 6% and it is paid out at the end of period 1 and 2 . 16. The possible values for the stock at the final nodes are a. $24.30,$31.05 and $39.67 b. $11.45,$11.86 and $12.38 c. $22.84,$27.92 and $33.29 d. $21.47,$27.44 and $35.06 e. $23.56,$28.33 and $36.14 17. The current fair market price of the call is a. $4.50 b. $5.00 c. $5.50 d. $6.00 e. $6.50 18. It would pay to exercise this call early a. Never b. Only at period 1 if the stock is in the up state c. Only at period 1 if the stock is in the down state d. At period 1 if the stock is in either the up or down state \& also at period 0 e. At period 1 only if the stock is in the up state & also at period 0 19. The value added because this call is American as opposed to European is about a. $0 b. $0.05 c. $0.25 d. $0.65 e. $0.95