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Suppose that the exchange rate is $0.92/. Let r$=4%, and r=3%,u=1.2,d=0.9,T=0.75, number of binomial periods =3, and K=$0.85. Use Binomial Option pricing to answer the

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Suppose that the exchange rate is $0.92/. Let r$=4%, and r=3%,u=1.2,d=0.9,T=0.75, number of binomial periods =3, and K=$0.85. Use Binomial Option pricing to answer the following two questions. (a) What is the price of a 9-month European call? (b) What is the price of a 9-month American call

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