A stock price is currently $70. Over each of the next two three-month periods it is expected to go up by 6% or down by 5%. The risk-free interest rate is 5% per annum with continuous compounding. You want to determine the value of a six-month European put option with a strike price of $70. Please keep two decimal places D B E a What is the stock value at node B? b)What is the stock value at node D? c)What is the stock value at node E? d)What is the option payoff at node D? e)What is the option payoff at node E? (sample answer: $55.65) (sample answer: $55.65) (sample answer: $55.65) (sample answer: $55.65) (sample answer: $55.65) (sample answer: $55.65) What is the option payoff at node F? g)What is the three month risk neutral probability? h)What is the option value at node B? (sample answer: $55.65) What is the option value at node A? (sample answer: $55.65) (sample answer: 55.65%)