Consider a stock worth $$100$ that can go up or down by $20\%$ per period. The risk free rate is $5\%.$ And exercise price is $$100.$ Use one period Binomial Option Pricing Methods $($both methods $-$ Method $1($Leverage or $6$ steps$)$ and Method $2($the probability concept$)$ to calculate the call premium

METHOD $1$

Only add results here of each step

Step $1$

Step $2$

Step $3$

Step $4$

Step $5$

Premium

METHOD $2$

Probability $($p$)$

Premium