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Boris wants to buy a 12 month European style put option on $1 million USD. The spot USD/CAD exchange rate is 1.131 . The Canadian
Boris wants to buy a 12 month European style put option on $1 million USD. The spot USD/CAD exchange rate is 1.131 . The Canadian risk free rate is 1.000% and the US risk free rate is 1.062%. USD/CAD exhange rate volatility is 24.00%. Build a 3 step binomial tree to tell Boris how much he should pay if the strike price is $1.12. a. $82,725 b. $121,331 c. $77,210 d. $110,301 e. $71,695 Step by Step Solution
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Ebay Easy Made How To Quickly And Easily Make Thousands Of Dollars Selling Everyday Items Online
Authors: Jay Johns
1st Edition
1544010729, 978-1544010724
