18 Suppose you are considering establishing a new corporation that will cost you $9307? and you can observe that another start-up in the same industry is now worth $93940. You want to use \"'0\" a binomial tree with time-step one month [i.e. t = 1N2 year) to characterize the evolution of this comparable start-up's value. According to your estimation, the annualized volatility of this comparable start-up's value v = 30%. And the binomial process has 11:6er? Assume the annual cash flow generated is around q = 3.9% of the start-up*s value in each year. The annualized risk-free rate r = 53%. You have the option to delay your investment but the maximum time you can wait is 16 months. For this binomial process, u =