Question: 2. Please refer to the following binomial lattice term structure model, and then answer the following questions. Compute P[3,2]e, which is the Arrow-Debreu security, paying

2. Please refer to the following binomial lattice term structure model,

2. Please refer to the following binomial lattice term structure model, and then answer the following questions. Compute P[3,2]e, which is the Arrow-Debreu security, paying 1 dollar at time 3 and state 2 (refer to the node with interest rate 8.44% on the graph). Round your answer to the fourth decimal place

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