(1 point) Consider an n-1 step binomial tree with T-1. Suppose r, the annualized risk-free rate is 3 %, and delta, the annualized dividend rate is 2 % Also suppose the annualized standard deviation of the continuously compounded stock return, sigma, is 30 %. Suppose further that the initial stock price, S = $ 1 10. compute American call option prices for K-$ 55, $ 66, $ 77, $ 88,$ 99, $ 110, $ 121. (1 point) Consider an n-1 step binomial tree with T-1. Suppose r, the annualized risk-free rate is 3 %, and delta, the annualized dividend rate is 2 % Also suppose the annualized standard deviation of the continuously compounded stock return, sigma, is 30 %. Suppose further that the initial stock price, S = $ 1 10. compute American call option prices for K-$ 55, $ 66, $ 77, $ 88,$ 99, $ 110, $ 121