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= Given the following returns and assuming that S(0) 45 dollars, find the possible stock prices in a three-step economy and sketch a tree of
= Given the following returns and assuming that S(0) 45 dollars, find the possible stock prices in a three-step economy and sketch a tree of price movements: Scenario K(1) K(2) K(3) W1 10% 5% -10% W2 5% 10% 10% 5% -10% 10% W3
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