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If Sonic's stock price can fall by 10% or rise by 20% over the next year. Use a .35 risk-free rate to find the price
If Sonic's stock price can fall by 10% or rise by 20% over the next year. Use a .35 risk-free rate to find the price of a European call option on the stock with an exercise price $5 less than the current stock price of $25 with a maturity of 1 year (Use either the binomial or the risk-neutral method).
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