Consider a put option on AAPL stock that matures in 3 weeks and has a strike of 115. Use a binomial tree model to price this option under the following assumptions: Every week, the price of AAPL either goes up or down by a fixed percentage. If the price goes up, it always goes up by 4.7%. If the price goes down, it goes down by a percentage that would exactly offset one up move (that is, if the price goes up one week and down the next, it will end up exactly where it started). Note that this means the percent change when it drops is different from 4.7%! The current spot price of AAPL is $104.56 per share, and the risk-free yield curve is a flat 1.2%. For your answer, calculate the premium of this put option today. Consider a put option on AAPL stock that matures in 3 weeks and has a strike of 115. Use a binomial tree model to price this option under the following assumptions: Every week, the price of AAPL either goes up or down by a fixed percentage. If the price goes up, it always goes up by 4.7%. If the price goes down, it goes down by a percentage that would exactly offset one up move (that is, if the price goes up one week and down the next, it will end up exactly where it started). Note that this means the percent change when it drops is different from 4.7%! The current spot price of AAPL is $104.56 per share, and the risk-free yield curve is a flat 1.2%. For your answer, calculate the premium of this put option today