Consider the following three-date binomial model: In each period the stock price either goes up by 10% or decreases by 20%. The one-period interest rate is 15%. The current stock price is $35. What is the price of a European put option with X = 40 and T = 2. Consider the following three-date binomial model: In each period the stock price either goes up by 10% or decreases by 20%. The one-period interest rate is 15%. The current stock price is $35. What is the price of a European put option with X = 40 and T = 2