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a) Using a Binomial pricing model with 1-month steps, find the price of a 3-month American Call and a 3-month American Put option with the

a) Using a Binomial pricing model with 1-month steps, find the price of a 3-month American Call and a 3-month American Put option with the following details: S0= 100, Strike Price = 90, %change up/down (per month) = 5%, APR (semi-annual compounding) = 2.0%.

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