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Making Sense of the CRR (Cox-Ross-Rubinstein) Model: Suppose you wish to approximate the distribution of a stock price three (3) months from now using a

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Making Sense of the CRR (Cox-Ross-Rubinstein) Model: Suppose you wish to approximate the distribution of a stock price three (3) months from now using a binomial tree with n = 100 steps. Suppose the stock price distribution is lognormal with = 0.04 per year and o = 0.40 per year. What values would you use for the CRR parameters of the binomial model

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