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compute the down price in a one step binomial tree if the initial price is 20 TL and the up price is 21,5. a-18,5 b-18,2

compute the "down" price in a one step binomial tree if the initial price is 20 TL and the "up" price is 21,5.

a-18,5

b-18,2

c-18,6

d-19

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