a/ Find the up movement?

1.15)

1.2)

1.25)

1.3)

1.4)

(1.35)

b/ Find the down movement ?

QUESTIONS 15 points Save And Problem 3/ Given the following information, answer the below questions based on the following incomplete 3.period American put option binomial tree: The risk free rate is 2% Time to expiration equals 9 months The risk neutral probability of the up movement is "p" =0.45. The risk neutral probability of the down movement is " Up = 12"down)-0.15 210.S+c) - up + down AL D GC B 14 E ) 81.5 HO (5.48125) FI)