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Please tell me if tis true or false. This is Finance class. Stochastic Calculus for Finance I: The Binomial Asset Pricing Model. (a) Let {Sn}

Please tell me if tis true or false. This is Finance class. Stochastic Calculus for Finance I: The Binomial Asset Pricing Model. image text in transcribed

(a) Let {Sn} be a stock price process in a binomial tree model, then E3 min Sn 4<>

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