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    Question about Binomial Trees

    I have 2 queries with respect to some concepts in FRM Part 1, Valuation & Risk Model GARP study book 2020/ 2021. 1. In the practice question no. 14.15 in chapter 14 - Binomial Trees. The question states that options maturity is 6 months and requires 2 step Binomial Tree. Volatility is 20% per...
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