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A non-dividend paying stock priced at 50 can go up or down by 10 percent each period over two total periods. The risk-free rate is

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A non-dividend paying stock priced at 50 can go up or down by 10 percent each period over two total periods. The risk-free rate is 2 percent per period. Which of the following is the closest to the correct price of an American put with an exercise price of 527 03.08 4.29 O 181 250 0332

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