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Given the following infromation, use the biniomial option pricing model to determine the price of this European call option. Round your final answer to two
Given the following infromation, use the biniomial option pricing model to determine the price of this European call option. Round your final answer to two decimals. 30.00 $ $ 50.00 $ 90.00 Strike price (K) Stock price (s) Stock price up (su) Stock price down (Sp) Risk-free rate (rf) Time to expiration in years $ 70.00 5% 1.00 Call payoff up (Cu) Call payoff down (Cp) B Call premium
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