(a) Use the binomial model with three time intervals and the recursive formula given on the formula sheet to construct the binomial tree to value a 3-month European asset-or-nothing (AON) call option on a stock with payoff function 0, otherwise with So = $50, K = $50, 1 = 8% and o = 20%. (b) Use appropriate formulas given on the formula sheet to compute the values of Delta A, Gamma I, the trading strategies 01, and 0, at each node on the tree where they are defined for the AON call option. (a) Use the binomial model with three time intervals and the recursive formula given on the formula sheet to construct the binomial tree to value a 3-month European asset-or-nothing (AON) call option on a stock with payoff function 0, otherwise with So = $50, K = $50, 1 = 8% and o = 20%. (b) Use appropriate formulas given on the formula sheet to compute the values of Delta A, Gamma I, the trading strategies 01, and 0, at each node on the tree where they are defined for the AON call option