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ThefollowingisNOTanassumptionunderlyingthebinomialoptionpricingmodel: nocreditrisk competitiveandwell-functioningmarkets nomarketfrictions stockpricesfollowalognormalprocess
ThefollowingisNOTanassumptionunderlyingthebinomialoptionpricingmodel:
nocreditrisk
competitiveandwell-functioningmarkets
nomarketfrictions
stockpricesfollowalognormalprocess
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