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Find the probability that, in the binomial model, a call option finishes in the money, that is that P*[S(N) > K]. Assume that K =
Find the probability that, in the binomial model, a call option finishes in the money, that is that P*[S(N) > K]. Assume that K = 10, S(0) = 9, U = 10%, D = 5%, N = 10, R = 3%. Note: P* is the risk-neutral probability.
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