Consider a European put option on the Apple (AAPL) stock that matures in 6 months. The current price of AAPL stock is $176 and the put option is priced at- the-money (i.e. the strike price of this option is also $176). The volatility of AAPL is 33% per annum and the risk-free rate is 1%. Use the two-period binomial model: d. Find the price of this put option (show regular, not excel formulas and how you plugged numbers into them.)