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Consider the following discrete time one-period market model. The savings account is given by Bo1 and B1-r-1.1. The stock price is given by So-1 and Si where is a random variable taking two possible values u 1.2 and d 0.9. Consider a put option whose payoff at time 1 is P (1- Si). rice 1S given by (a) Find a replicating strategy for this option. By considering the value of the replicating strategy, find the time 0 price of the put option Po (b) Find the price Po using a second method via the Equivalent Martingale Measure (EMM) Consider the following discrete time one-period market model. The savings account is given by Bo1 and B1-r-1.1. The stock price is given by So-1 and Si where is a random variable taking two possible values u 1.2 and d 0.9. Consider a put option whose payoff at time 1 is P (1- Si). rice 1S given by (a) Find a replicating strategy for this option. By considering the value of the replicating strategy, find the time 0 price of the put option Po (b) Find the price Po using a second method via the Equivalent Martingale Measure (EMM)