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The initial stock price is $100. The stock moves up each period by a factor of 1.3 and down by a factor of 0.8. If

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The initial stock price is $100. The stock moves up each period by a factor of 1.3 and down by a factor of 0.8. If the simple interest rate per period is 1%, find the prices of three period European and American puts (at strike $105), and state the early exercise premium amount

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