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EXERCISE II.A.11. Verify that q in equation satisfies the martingale property Saq + Sa(1 - q) = Soerdt. Price of a general derivative in the
EXERCISE II.A.11. Verify that q in equation satisfies the "martingale property" Saq + Sa(1 - q) = Soerdt. Price of a general derivative in the 1-level tree model with Sa
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