please answer both questions. upvote and good feedback will be given for trying and helping.

13. A stock price is currently $100. Over each of the next two six-month periods it is expected to go up by 14% or down by 14%. The risk-free interest rate is 8% per annum with continuous compounding. What is the value of a one-year European put option with a strike price of $110? A. 9.23 B. 6.14 C. 7.94 D. 8.59 E. 7.86 14. A stock price is currently $100. Over each of the next two six-month periods it is expected to go up by 16% or down by 16%. The risk-free interest rate is 8% per annum with continuous compounding. What is the value of a one-year European put option with a strike price of $1107 A. 5.22 B. 6.14 C. 7.94 D. 10.47 E. 9.85