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Suppose that the exchange rate is $0.92/. Let rs = 4%, and re = 3%, u = 1.2, d = 0.9, T = 0.75, number

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Suppose that the exchange rate is $0.92/. Let rs = 4%, and re = 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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