The Current Price of a Stock Is $22,and at the End

The current price of a stock is $22,and at the end of 1 year its price will be either $27 or $17.The annual risk-free rate is 6.0%,based on daily compounding.A 1-year call option on the stock,with an exercise price of $22,is available.Based on the binominal model,what is the option's value?

A) $2.43
B) $2.70
C) $2.99
D) $3.29