medium · Principles of Finance time-value-of-money

A stock is trading at $100. In one year, it will be either $120 or $80. The risk-free rate is 5%.

What is the value of a 1-year European call option with a strike price of $100 using the one-period binomial model?

  1. $11.90
  2. $10.00
  3. $20.00
  4. $12.50

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