USE BINOMIAL PRICING TREE METHOD PLEASE

(b) A stock currently trades at a price of 50. Assume that after two months the stock price will either be a multiple of u = 1.06 or d = 0.96 of its current price. The risk-free interest rate is 10% per annum with continuous compounding. Determine the value of a two-month European call option with a strike price of 49 using risk-neutral valuation. (40% weighting) (c) What are the differences in valuing European put options and American put options when using the Binomial Option Pricing Model? (30% weighting)