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Please use the following information: -A stock has a current share price of $100 and is set to pay a per share dividend of $20

Please use the following information:

-A stock has a current share price of $100 and is set to pay a per share dividend of $20 just before T=2

-U=1.221 and D=0.819

-The risk-free rate is 10%.

-All options expire in two years.

-All options are at-the-money, i.e. K=S(0)

-Use a two-step binomial model.

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