Intel is currently priced at $85. Over each of the next 2 periods of 4 months, it is expected to either go up or down by 6% per period. The risk free interest rate is 5% per annum with continuous compounding. Calculate the value of the follow options with the corresponding exercise price ($X) using the binomial option pricing model. a. European Call with X = $85 b. American Call with X = $85 c. European Put with X = $85 d. American Put with X = $85