Binomial Tree for American Put Pricing

Job ID: 39632588

Budget: $10 – $30 USD

I need help pricing an American Put option using a two-step binomial tree. The stock is currently priced at $50, with a strike price of $52. Market volatility is 30%, and the risk-free interest rate is 5%.

Requirements:
- Two-step binomial tree for 1-month and 2-month periods
- Calculate American Put price
- Graphically illustrate put price and payoff changes with stock price variations

Ideal Skills:
- Strong knowledge of options pricing and binomial models
- Proficient in Excel
- Ability to create clear graphical illustrations

Please use a predefined Excel template for calculations and results.
and follow directions in the excel file uploaded please