7. (12 points) A 9-month average price Asian call option on a non-dividend paying stock based on arithmetic average of monthly prices is modeled with a 3-period binomial tree You are given (a) The stock price is 49.50 (b) The strike price is 52. (e) The tree has = 1.1 and d =0.9. (d) The continuously compounded risk-free rate is 0.02. (1) Calculate the risk utral probability of an option payoff greater than 0. (1) What is the premium for this Arithmetic average price Asian call option