Use a two-period Cox-Ross-Rubinstein binomial tree to price a European call option with the following...
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Use a two-period Cox-Ross-Rubinstein binomial tree to price a European call option with the following terms: strike price is $20; expiration is in 8 months; the current price of the stock is $19; the stocks volatility is 10%; continuous dividend rate is 2%; risk-free interest rate is 6%.
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