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A European call has strike $14 and underlying asset described by CRR notation S= 16,u=1.02,d=0.97. For a ten-step model, what is the expiry value of
A European call has strike $14 and underlying asset described by CRR notation S= 16,u=1.02,d=0.97. For a ten-step model, what is the expiry value of this call at node (10,7)
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