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solve Using excel You are given the following data for a European call option. K M (years) So - $17 1.5 $20 4.0% 1.1 0.9

solve Using excel

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You are given the following data for a European call option. K M (years) So - $17 1.5 $20 4.0% 1.1 0.9 r u d Use a three-step tree to find the option price. (Note: this is one more step than we have done previously). Enter the price using 3 decimal places. Example: 2.357

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