A stock price is currently trading at $100. Over the next two 6 month periods it will be with up 10% or down 10%. The risk-free interest rate is 8% per annum with continous compunding What is the value of a 12 month European put option with a strike price of $100? What is the value of a 12 month European call option with a strike price of $100? Verify the put and call option satisfy put-call parity