6. Use the binomial method to determine the value of an American Put option at time t = 0. The American Put option expires at time t = T = 3 and has exercise price E = 10. The current value of the underlying is S(0) = 10, the interest rate is = 0.03 and the volatility is o = 0.2. Use a time step 8t = 1. Consider the case of p = 1/2. Using MatLAB, determine the value of the option at time t = 0. Only write down the final answer. 6. Use the binomial method to determine the value of an American Put option at time t = 0. The American Put option expires at time t = T = 3 and has exercise price E = 10. The current value of the underlying is S(0) = 10, the interest rate is = 0.03 and the volatility is o = 0.2. Use a time step 8t = 1. Consider the case of p = 1/2. Using MatLAB, determine the value of the option at time t = 0. Only write down the final