Use a two-step binomial tree the probability of a down move
Suppose the return on a futures contract has a standard deviation of 35%, the risk free rate is 5%, the time to maturity is 3 months. Use a two-step binomial tree, the probability of a down move in the price of the future is _____%
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suppose the return on a futures contract has a standard deviation of 35 the risk free rate is 5 the time to maturity is
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