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You are given that S=100,u=1.1,d=.7,i=.05, and the strike price K for a European call (on one share of stock) that expires in one year is

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You are given that S=100,u=1.1,d=.7,i=.05, and the strike price K for a European call (on one share of stock) that expires in one year is 60 . The stock pays no dividend. Find the price today of the call option. \begin{tabular}{|l|} \hline 1.19 \\ \hline 9.52 \\ \hline 29.17 \\ \hline 42.86 \\ \hline \end{tabular}

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