Question 29 (2 points) Consider a chooser option that matures in 6 months. The holder can choose whether the option is a call or a put option in 3 months. The underlying asset of the chooser option is a non-dividend-paying stock with current price of 100. The strike price of the chooser option is 110. The risk-free interest rate is 2%. The multipliers for upward movements and downward movements in each period are 1.105 and 0.905 respectively and the risk neutral probability of an upward movement is 0.6 in each period. Each period in the tree has 3 months. Using a 2-period binomial tree to calculate the price of the option, which of the following statements is/are correct? The price of the chooser option is 13.516. The price of the chooser option is 9.202. | The price of the chooser option is 11.140. The option will always be chosen as call option