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's (which we studied above). . Rule: Given R, the risk free rate, o, the volatility, and At, the time interval, by tak 11 =

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's (which we studied above). . Rule: Given R, the risk free rate, o, the volatility, and At, the time interval, by tak 11 = 20 v41 -, P = eRAI - d u - d 9=1-p + one can construct a Binomial Tree that results in a option value consistent with the Scholes Analysis. . glish (United Sto

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