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Suppose a process Gt follows the following non-recombinant binomial tree with the probability of moving upwards from each node under a measure Q as labeled.
Suppose a process Gt follows the following non-recombinant binomial tree with the probability of moving upwards from each node under a measure Q as labeled. We know the process Gt is a martingale under measure Q. Now fill in the blanks of the value of Gt at time 0 and time 1.
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