Here s an advanced version of exercise 10 consider an, Finance Basics

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Here s an advanced version of exercise 10 consider an

Question: Here ' s an advanced version of exercise 10. Consider an alternative parameterization of the binomial:

Construct binomial European call and put option pricing functions in VBA for this parameterization and show that they also converge to the Black-Scholes formula. (The message here is that the parameterization of the binomial Up and Down is not unique.)

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Finance Basics: Here s an advanced version of exercise 10 consider an

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