Consider a two-period binomial model for the stock price with both periods of length one year. Let the initial stock price be S0 = 100 and assume that the volatility constants are u = 1.25 and d = 0.75, respectively. The annual interest rate is 5%: A chooser option is an option that let the holder decide if it is a put or a call after one year. Find the price of the chooser option if K = 100 and the date of maturity is two years.