Spot Price = 53, Strike Price = 55. Assume that over each of the next two three-month periods, the share price is expected to go up by 12% or down by 11%. The stock is not expected to pay dividends during the next six months. A. Draw a two-step binomial tree showing the stock price movement B. Use a two-step binomial tree to calculate the value of a six-month European call option using the no-arbitrage approach. C. Use a two-step binomial tree to calculate the value of a six-month European put option using the no-arbitrage approach. D. Show whether the put-call-parity holds for the European call and the European put prices you calculated in b. and c. E. Calculate the probability of up movement in one period p and the probability of down movement (1-p). F Use a two-step binomial tree to calculate the value of a six-month European call option using risk-neutral valuation. G. Use a two-step binomial tree to calculate the value of a six-month European put option using risk-neutral valuation. H. Verify whether the no-arbitrage approach and the risk-neutra lvaluation give the same results. I. Use a two-step binomial tree to calculate the value of a six-month American put option. J. Calculate the deltas of the European put and the European call at the different nodes of the binomial three