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The binomial tree below describes the evolution of a stock price over a year, together with the payoffs of a one - year call option
The binomial tree below describes the evolution of a stock price over a year, together with the payoffs of a oneyear call option on the stock.
What position
in a riskfree account should a replicating portfolio that hedges the option hold, given that the riskfree interest rate is paChoose the best answer.
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