and below is problem 3, any information needed in problem 5

5. Construct trading strategies in stock only that replicate each of the two puts of problem 3. That means construct a) synthetic long put strategy with strike price 100. b) synthetic long put strategy with strike price 95 What is the cost of each synthetic trading strategy. 3. A stock price is $100 now. In 1 month it can go to $110 or $90. The annual interest rate is 11% with continuous compounding. Using risk-free portfolios, determine the value of the one-month European put with strike price 100 and with strike price 95