Consider a 3-month European put with strike price Rs. 62 and current stock price Rs 60. The life of option is 3 months in three-time steps of 1 month and in each time step the stock price either moves up or moves down. If the volatility is 24%, Calculate the option price on each node using Binomial option pricing model. Does the Binomial model give the same result as the Black-Sholes model for option prices