Consider using the Cox-Ross-Rubinstein (1979) Nuominl option pricing model to price a European put option. Assume that the parameters me the same as those we used for the example in class. So = 100 K = 100 T =1 n = 3 Delta t =T = 1/3 r = log 10/9 = 0.105 Sigma = log 5/4 = 0.223 Calculate the risk-neutral probability of an uptick p. Draw the price tree for the underlying stock, and calculate the payoffs to the put option at each final price. Using backward induction, calculate the price of the put option. Recalling the price of the call option shown in class, show that put-call parity satisfied