1. Complete a three step binomial tree to price the options outlined below. Use the information provided to find the values for:

1. a European Call Option (13 points)
2. a European Put Option (13 points)
3. an American Put Option (13 points)
4. the call delta at each node in the tree (6 points)

Provide examples of your math / setup with your answer do not just turn in your final answers or the completed tree without showing the calculations in the tree (you will have to do parts of this on the final as well).