1 The current price a continuous-dividend paying stock is 96$ per share. Its volatility given to be 0.17 and its dividend yield is 0.02 The continuous compounded, risk-free interest rate equals 0.03 Consider a 94$-strike European put option on the above stock with nine months to expiration. using a three-period forward binomial tree, find the price of this put option.(Not: round (each answer to 4 digit decimal place 5.8377 6.8925 4.6077 O 3.4580 O 2.4148 O 2 Microsoft is trading for $60 today. In each of the next two years, you believe that the price can either go up by 20% or down by 20%. Assume that the risk-free rate is 5% and that Microsoft pays no dividends. [A] What is the value of a two-year European Put option with a $60 strike price? 3.7755 O 3.999 4.666 2.333 O