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5 ) Use the risk neutral probabilities to calculate the value of a three - month American put with the strike price 5 0 as

5)Use the risk neutral probabilities to calculate the value of a three - month American put with the strike price 50as in problem 3.Calculate the put value at each node of the tree by comparing with early exercise value. Are there any nodes where you should early exercise the put?
Problem 3is this: 3)A stock price is $50now. In 1month it can go 5%up or down. In the second month it can go 5%up or down. And in the third month it can go 5%up or down. Construct a binomial tree for this stock. The annual interest rate is 10%with continuous compounding.
If you use ChatGPT, I will downvote.

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