What is the price, based on the binomial model, of a one period call option with a strike price of $95 if the stock currently sells for $92? Assume that the stock price will either move up by a factor of u = 1.05 or down by a factor of d = 0.95 in the next period, and that risk-free rate of interest is 1.03. Thus, a dollar invested at the beginning of the period will grow to $1.03 at the end of the period. $1.28 O $1.21 O $1.32 $1.24