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10. The current price of Ncell stock is $20. In the next year the stock price will either go up by 20% or go down

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10. The current price of Ncell stock is $20. In the next year the stock price will either go up by 20% or go down by 20%. Ncell pays no dividends. The one-year risk-free rate is 5% and will remain constant. Calculate the risk-neutral probabilities of an up state and down state. 10. The current price of Ncell stock is $20. In the next year the stock price will either go up by 20% or go down by 20%. Ncell pays no dividends. The one-year risk-free rate is 5% and will remain constant. Calculate the risk-neutral probabilities of an up state and down state

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