_ 1.410 up factor. Don't Change this. It depends on sigma _ 0.710 down factor. Don't change this. It depends on sigma _ number of periods until expiration _ _ ____ 10 5_----- 11______ 12 5_ ____ 13 _____ 14 _ ____ 15 ______ 16 mm 17 ______ 18 ---- 19 _ ____ _____ 21 0- ____ 22 ______ 23 mmummthHL Instructions: Program a 1-period, 2-period and a 15period binomial options pricing model using the inputs given on each sheet. 0n the 15 period 0PM tab, also program the Black Scholes Option Pricing Model and compare the result of the 15-period binomial model to that of the Black-Scholes. Are they' close? How close? Hint: For the 1 and 2 period models, you can use numbers from the text to make sure it works correctly. Hint: I've compressed the trees for the 10-period model to make it easier for you to program. I've just taken the spaces out of it