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Suppose space exploration ETF (ARKX) currently is trading at S 0 = $20 per share and next year will either rise to $30 or fall

Suppose space exploration ETF (ARKX) currently is trading at S 0 = $20 per share and next year will either rise to $30 or fall to $15. Say that the risk-free rate is 2% (EAR) over the next year. a....

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