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6. Consider the following three-period binomial tree model for a stock that pays no dividends. The length of each period is 1 year, and the

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6. Consider the following three-period binomial tree model for a stock that pays no dividends. The length of each period is 1 year, and the continuously compounded risk-free interest rate is 7.5%. Calculate the price of a 3-year at-the-money European call option on the stock

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