Binomial:

The stock price is currently $$60.$ It is known that at the end of $3$ months it will be either $$66$ or $$54.$

The risk$-$free interest rate is $6\mathrm{.}0\%$ per annum with continuous compounding.

$10.$What is the value of p$,$ that is the probability of stock going up$?$

Formula: u $=$ SU $-$: S$0$ d $=$ SD $-$: S$0$

C $=$ Max $[0,($S $$ X$)]$

p $=($ert $-$ d$)-$: $($ u $$ d$)$