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You would like to purchase a call option for the high tech stock MCCA. Assume today is April 26, 2023, before the market has opened.
You would like to purchase a call option for the high tech stock MCCA. Assume today is April 26, 2023, before the market has opened. MCCA \begin{tabular}{|ccccccc|} \hline Option Type & Stock Price & IV & Strike Price & Exp & Vol & Open Int \\ \hline Call & 17.41 & 35.85% & 17.00 & May, 2023 & 3,051 & 40,421 \\ \hline \multicolumn{2}{|c|}{ Annual interest rate =} & 2.93% & & Trading days per year = & 252 \\ \hline \end{tabular} b) Based on the information shown in the table to the right, create the complete daily binomial lattice for the stock price. Show your latttice
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