For a call option on a non dividend paying stock the stock


For a call option on a non dividend paying stock the stock price is $30, the strike price is $20, the risk free rate is 6% per annum, the volatility is 20% per annum and the time to maturity is 3 months. Use the Binomial model to find:

a) The price of the call option?

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Financial Management: For a call option on a non dividend paying stock the stock
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