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The current price of a non-dividend paying stock is $50. Use a two-step binomial tree to value a European call option on the stock with

The current price of a non-dividend paying stock is $50. Use a two-step binomial tree to value a European call option on the stock with a strike price of $52 that expires in 6 months, so each step is 3 months, the risk free rate is 4% per annum with continuous compounding. What is the option price when u = 1.1 and d = 0.9

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