You are given the following information about a securities market: There are two nondividend-paying stocks, X and Y. The current prices for X and Y are both 100. The yearly compounded risk-free interest rate is 1%. There are three possible outcomes for the prices of X and Y one year from now: = (X1(wi), X1(w2), X1(W3)) = (120, 100, 75) (Y(wi), Y(w2), Y(W3)) = (110, 100,95). (2) PY . V.CX be the current price of a call option on X, and VP,Y the current price of a put on Y. Both options expire in one year, and have a common strike price of K = 100. be the initial price of a decrease digital option, which at time T = 1 pays 1 if Y1