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a Below is a two-period price tree of MNO Stock. Now 1 2 61.07 55.26 50 -50.00 45.24 40.94 Using the binomial model, calculate the

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a Below is a two-period price tree of MNO Stock. Now 1 2 61.07 55.26 50 -50.00 45.24 40.94 Using the binomial model, calculate the fair value of a European call option on MNO stock with the following characteristics: Strike price = 45 Risk-free rate = 3% (per sub-period)

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