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An asset has a current spot price of $1000. This asset can increase in value by 12% or decrease in value by 6%. Using a

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An asset has a current spot price of $1000. This asset can increase in value by 12% or decrease in value by 6%. Using a 1-period Binomial Model, how much should a 950 Call sell for if the current discount rate is 5% ? 98.9418 margin of error +/0.2

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