The binomial process for the periodically compounded one-period spot rate and the value of a oneperiod zero-coupon bond is given by: a. What is the value of a European-style interest rate call option with two periods until expiration on the one-period spot rate with a notional amount of $100,000 if the exercise rate is 4.75% ? (1 point) b. What is the value of a European-style interest rate put option with two periods until expiration on the one-period spot rate with a notional amount of $100,000 if the exercise rate is 4.75% ? (1 point) The binomial process for the periodically compounded one-period spot rate and the value of a oneperiod zero-coupon bond is given by: a. What is the value of a European-style interest rate call option with two periods until expiration on the one-period spot rate with a notional amount of $100,000 if the exercise rate is 4.75% ? (1 point) b. What is the value of a European-style interest rate put option with two periods until expiration on the one-period spot rate with a notional amount of $100,000 if the exercise rate is 4.75% ? (1 point)