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You are using a two - step binomial tree to estimate the price of a call option on MCD . The strike price of the
You are using a twostep binomial tree to estimate the price of a call option on MCD The strike price of the call option is $ The price of MCD today is $ The riskfree rate is What is the price of the call? Round your solution to the nearest three decimals if needed ie Please do not type the $ symbol.
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