11. Here's an advanced version of exercise 10. Consider an alternative parameterization of the binomial: Construct binomial...

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11. Here's an advanced version of exercise 10. Consider an alternative parameterization of the binomial:

Construct binomial European call and put option-pricing functions in VBA for this parameterization and show that they also converge to the Black-Scholes formula. (The message here is that the parameterization of the binomial σ is not unique.)

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Financial Modeling

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11. Here's an advanced version of exercise 10. Consider an alternative parameterization of the binomial: Construct binomial...

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Financial Modeling

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