make a problem like Consider a non-dividend-paying stock whose current price is $120 per share. The stock has the volatility equal to.2. Let the continuously-compounded risk-free interest rate be.05. You model the evolution of this stock over the next quarter with a forward binomial tree. What is the price of a $122-strike three-month put on the above stock consistent with this model?. Do not simply copy-paste the narrative, just changing out the numbers. Make the problem your own by creating your own story. Try to make the new problem as close as possible in difficulty to the problem from the exam.