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Use a two period forward (binomial) tree with six month steps to determine the price of a one year Asian arithmetic average strike put option
Use a two period forward (binomial) tree with six month steps to determine the price of a one year Asian arithmetic average strike put option given that
S(0) = 48 r = 0.07 div. rate = 0.03 delta= 0.4.
Do not forget to use risk free probabilities, like p*, in your calculations.
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