Problem 2 (12 points total) Consider both a 12-month American and a 12-month European put option on a stock with So = $100, K = $90, and a = 0.3. The risk-free rate is 5%, continuously compounded, for the entire 12-month period. (a) (5 points) Compute the price of the European put using the CRR model and a three-step binomial tree. Make sure to show your work