Assume that the current XYZ stock price is equal to $52, the volatility of XYZ is 20%, and XYZ stock does not pay dividend. The risk free interest rate is 4% today. Consider an European put option with a strike price of $52, and suppose that the option will be expired after 1 year from today. What is the price of the option with a three- period Binomial option pricing model? Use at least five decimal places for all your calculations. Find the closest answer. 3.4 4.2 5.7 6.3 7.1 Assume that the current XYZ stock price is equal to $52, the volatility of XYZ is 20%, and XYZ stock does not pay dividend. The risk free interest rate is 4% today. Consider an European put option with a strike price of $52, and suppose that the option will be expired after 1 year from today. What is the price of the option with a three- period Binomial option pricing model? Use at least five decimal places for all your calculations. Find the closest answer. 3.4 4.2 5.7 6.3 7.1