Let S $=$ $$105,$ K $=$ $$95,$ r $=8\%,$ T $=0\mathrm{.}5,$ and $\backslash$delta $=0.$ For simplicity, let u $=1\mathrm{.}3,$ d $=0\mathrm{.}8$ and n $=1($that is$,1$ period$).$ Using the Binomial option pricing model, what is the current European call option premium $($call value at the first node or Time $0)?$

Question $5$ options:

$$16\mathrm{.}20$

$$10\mathrm{.}18$

$$19\mathrm{.}20$

$$8\mathrm{.}40$

$$21\mathrm{.}75$