Question: The answer is C but how do you get that answer? please show all work This was all that was given. If its not doable

 The answer is C but how do you get that answer?

The answer is C but how do you get that answer? please show all work

This was all that was given. If its not doable due to lack of information in the question then please refund.

18) If you are interested in pricing a 6-month European call option on BofA with a strike of $30 using a 6-step binomial tree what is the risk- neutral probability of the stock going up? (Assume you are using Cox, Ross, Rubinstein approach) A) 0.4796 B) 0.4822 C) 0.4916 D) 0.5204 E) 0.5396 18) If you are interested in pricing a 6-month European call option on BofA with a strike of $30 using a 6-step binomial tree what is the risk- neutral probability of the stock going up? (Assume you are using Cox, Ross, Rubinstein approach) A) 0.4796 B) 0.4822 C) 0.4916 D) 0.5204 E) 0.5396

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