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What will be the price of a call with a strike price of $14.00, which expires on January 7. 2022? Show your calculations and work!

What will be the price of a call with a strike price of $14.00, which expires on January 7. 2022?

Show your calculations and work!

Assume the stock of Armitage Corp. can be at any of the following prices on January 7, 2022, with the associated probabilities as shown: Price Probability $13.00 .2 $14.25 .15 $15.00 .50 $17.50 .15

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