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An asset that will expire in 2 periods will pay the value of the stock squared minus 25. For example, if the stock price in 2 periods is 6, the asset will pay (6*6)-25=11. The current stock price is 10. The parameter u=1.14. The interest rate is 1/19. The asset expires in 2 periods. What is the asset worth today? An asset that will expire in 2 periods will pay the value of the stock squared minus 25. For example, if the stock price in 2 periods is 6, the asset will pay (6*6)-25=11. The current stock price is 10. The parameter u=1.14. The interest rate is 1/19. The asset expires in 2 periods. What is the asset worth today