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The price of a zero-coupon bond (ZCB) that matures at time t=10 and that has face value 100 is $61.62 Build an n = 10

The price of a zero-coupon bond (ZCB) that matures at time t=10 and that has face value 100 is $61.62

Build an n = 10 binomial model lattice model with the following parameters to compute the initial price of a futures contract on the same ZCB that has an expiration oft = 4

r0,0= 5%

u = 1.1

d = 0.9

q = 1 - q =

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