Consider the non-dividend paying asset with a current value of 100 $ that is described by the 2-step Binomial model depicted below. Assume that the continuously compounded risk free interest rate is 20% per annum for all maturities. Consider an American put option on this stock that matures in eight months and has a strike price of 130 $. What is todays price of this option.

156.2500 125.0000 100.000 0000 08 64.0000 months 0 4 S