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OnePeriod Binomial Model Stock price tree [ begin{array}{c} text { Delta (or hedge) ratio } qquad begin{array}{c} t=0 h=frac{C_{u}-c_{d}}{S u-S d} end{array} end{array}
OnePeriod Binomial Model Stock price tree \\[ \\begin{array}{c} \\text { Delta (or hedge) ratio } \\\\ \\qquad \\begin{array}{c} t=0 \\\\ h=\\frac{C_{u}-c_{d}}{S u-S d} \\end{array} \\end{array} \\] Hedge portfolio value tree Step by Step Solution
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
