A stock price is currently $227. It is known that at the end of six months it will be either $203 or $250. The risk-free interest rate is 8% per annum with continuous compounding. What is the value of a six-month European put option with a strike price of $227? Use the binomial tree approach to value the put option: To create a riskless portfolio should include: (type long or short) shares (keep 4 decimals) (type long or short) ) put option The cost to create the above riskless portfolio is $ (keep 2-decimals) The current price of the put option is $ (keep 2-decimals) A stock price is currently $227. It is known that at the end of six months it will be either $203 or $250. The risk-free interest rate is 8% per annum with continuous compounding. What is the value of a six-month European put option with a strike price of $227? Use the binomial tree approach to value the put option: To create a riskless portfolio should include: (type long or short) shares (keep 4 decimals) (type long or short) ) put option The cost to create the above riskless portfolio is $ (keep 2-decimals) The current price of the put option is $ (keep 2-decimals)