**Please solve using excel**

K So Su Sd $30.00 $30.00 $31.50 $28.50 3.00% [re T (years) 0.50 3) Find the price of a European put option by calculating the risk neutral probability p, finding the expected payoff of the option using p, and then discounting the expected payoff using the risk-free rate. You do not need to build a tree to do this in Excel just do the calculations in Excel. Use the following data and formula: f = [pfy + (1 -p)fde