(i) (5 pts) Price using a 3-periods Binomial model with interest rate per period of 2 > 1+r > 1, the European future derivative V3 = S3- K where K = So > 0. Use u = 1 + 2r, d=1-r in your work, which must show the full procedure (ii) (5 pts) Price a European call in the same market as in (i) with K S.(1+r). Give the full procedure. (iii) (5 pts) Price a European put in the same market as in (ii) with the same strile K. (i) (5 pts) Price using a 3-periods Binomial model with interest rate per period of 2 > 1+r > 1, the European future derivative V3 = S3- K where K = So > 0. Use u = 1 + 2r, d=1-r in your work, which must show the full procedure (ii) (5 pts) Price a European call in the same market as in (i) with K S.(1+r). Give the full procedure. (iii) (5 pts) Price a European put in the same market as in (ii) with the same strile K