You have an underlying asset worth 50 dollars that will either go up in value,u=e0.10,or fall in value,d=e-0.10,in one period.

You have a call option on this asset with a strike price of $51.

Cu, which is the intrinsic value of the call when the underlying asset price goes up, is $____ and

Cd, which is the intrinsic value of the call when the underlying asset price goes down, is $____.

(hint use Binomial model)

$4.26, $0

$4.26, -$5.76

$3.26, -$5.76

$3.26, $0