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Binomial Model The current price of a stock is $15. In 6 months, the price will be either $20 or $12. The annual risk-free rate

Binomial Model The current price of a stock is $15. In 6 months, the price will be either $20 or $12. The annual risk-free rate is 4%. Find the price of a call option on the stock that has a strike pr...

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