This is tw $100 and u(up factor in the binomial tree) is 1.05 and d(down factor in the binomial tree) is 0.95. Exercise price is $105 and risk free rate is 0.02%is is questions for 19 thru 21) o period American put option model. Underlying asset price at current time is 19. What is the put option price at current time? a) $1.49 b) $2.49 c) $3.49 d) S6.28 20. What is the time value of the put option at current time? a) $1.28 b) $2.28 c) $3.49 d) $4.36 21. Is the put option in-the-money, at-the-money, or out-of-the money? a) ITM b) ATM c)OTM d) None of the above