Underlying asset price at current time is $100 and u(up factor in the binomial tree) is 1.05 and d (down factor in the binomial tree) is 0.95 . Exercise price is $95 and risk free rate is 0.02%. Assume one-period model. (This is questions for 24 thru 26) 24. What is the European call option price? a) $1.51 b) $2.51 c) $3.51 d) $5.02 25. What is the intrinsic value of the above call option? a) $0 b) $1 c) $2 d) $5 26. Is the call option in-the-money, at-the-money, or out-of-the money? a) ITM b) ATM c) OTM d) None of the above