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Use a one step binomial option pricing model to value a 1 year at the money call option 3. on AT&T. Assume interest rates are

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Use a one step binomial option pricing model to value a 1 year at the money call option 3. on AT&T. Assume interest rates are 2 %. How does your value compare with the market price? standard deviation is 15% and stock price is 50 exercise price is 50

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