Homework question help with derivatives. Thank you

2. The current prise of Bank of America {BAG} is $1D.The ual stan dard deviation is 12%. The continuously eornpounded riskfree rate is 5% per year. Assume BAG pays no dividends. Compute the value of a 1 year European put option with a strike price of W using a oneperiod [t = 1 } binomial model. {a} |L'Jompute the value of a 1 year European put option with a strike price of W using a onestep [t = 1 J binomial model. {b} Compute the value of a 1 year European put option with a strike price of W using a twostep [it 2 [LE } binomial model. {o} |L'Jompute the value of a 1 year European put option with a strike prise of ii? using a threestep {t = 131.25 } binomial model. {d} |Compute the value of a 1 year European put option with a strike price of 13? using a fourstep [at 2 11.125 } binomial model. {e} |Compare the option prices from {a}, {b}, {a}, and {d}. 'What are your ndings? 3. Evaluate whether your put option values from the binomial tree model are same as those from the PutCall parity or not