You are attempting to value a call option with an exercise price of $108 and one year to expiration. the underlying stock pays no dividends, its current price is $108, and you believe it has a 50% chance of increasing to $133 and a 50% chance of decreasing to $83. the risk-free rate of interest is 9%. calculate the call option’s value using the two-state stock price model. (do not round intermediate calculations and round your final answer to 2 decimal places.)

In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. the equilibrium quantity in the market for widgets is 250 per month when there is no tax. then a tax of $6 per widget is imposed. as a result, the government is able to raise $750 per month in tax revenue. we can conclude that the after-tax quantity of widgets has fallen by a. 25 per month. b. 50 per month. c. 75 per month. d. 100 per month.