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Use a 3-period binomial model to find the price of a 6-month European option on a stock share with the current stock price $40, and

Use a 3-period binomial model to find the price of a 6-month European option on a stock share with the current stock price $40, and strike price $40, annual risk-free rate 4%, and annual volatility 30% if the derivative is:

a) call option

b)put option

show your calculations please i need them.

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