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Suppose the riskless interest rate is zero, r = 0. Suppose there are T > 1 periods in the model. Consider a strike price K

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Suppose the riskless interest rate is zero, r = 0. Suppose there are T > 1 periods in the model. Consider a strike price K put option on an underlying stock with prices (S.)=1... Show that it is never optimal to exercise the put early, Suppose the riskless interest rate is zero, r = 0. Suppose there are T > 1 periods in the model. Consider a strike price K put option on an underlying stock with prices (S.)=1... Show that it is never optimal to exercise the put early

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