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You are attempting to value a call option with an exercise price of $100 and 1 year to expiration. The underlying stock pays no dividends,

You are attempting to value a call option with an exercise price of $100 and 1 year to expiration. The underlying stock pays no dividends, its current price is $100, and you believe it has a chance of increasing to $115 or decreasing to $80. The risk-free rate of interest is 10%. Calculate the call option's value using the binomial mode

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