solve the 8-scenario, 3-period financial planning example with the addition of a call option. First, solve with the consistent high-stock-increase return on the call option of XXXXXXXXXXand then with...

solve the 8-scenario, 3-period financial planning example with the addition of a call option. First, solve with the consistent high-stock-increase return on the call option of 3.1933 and then with a high-stock-increase return of 5 . Verify the solutions x¹∗ that are given in Table 3. Re-solve with ξ¹(3) = 3.20 in the high-stock-return scenario. What is the value of initial investments x¹∗ now?