8. A one-year American, pound-denominated put option on euros allows for the sale of 100 euros for 90 British pounds. It is modeled with a two-period binomial tree based on forward prices. You are given: - The spot exchange rate is 0.8/1. - The continuously compounded, risk-free interest rate in pounds is 0.06. - The continuously compounded, risk-free interest rate in euros is 0.04. - The volatility of the exchange rate of pounds to euros is 0.1. Calculate the price of the put option