A non-dividend paying stock is currently at trading $100. At the end of each month, the price will go up by 15% or down by 10%. The continuously-compounded risk-free rate is 6%. Use the binomial model to find, to three significant figures, the price of a two-month option with payoff function S1 + S2 min{S0, S1, S2} 2 where So is the initial stock price, S, is the stock price at the end of one month and S, is the stock price at the end of two months. A non-dividend paying stock is currently at trading $100. At the end of each month, the price will go up by 15% or down by 10%. The continuously-compounded risk-free rate is 6%. Use the binomial model to find, to three significant figures, the price of a two-month option with payoff function S1 + S2 min{S0, S1, S2} 2 where So is the initial stock price, S, is the stock price at the end of one month and S, is the stock price at the end of two months