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7 . [ Binomial Tree ] The current price of a non - dividend paying stock is $ 5 0 . Use a two -
Binomial Tree The current price of a nondividend paying stock is $ Use a twostep tree to value an American put option on the stock with a strike price of $ that expires in months. Each step is months, the riskfree rate is per annum, and the volatility is Which of the following is the option price?
A $
B $
C $
D $
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