Question: A binary option pays off $ 1 6 5 if a stock price is greater than $ 6 5 in three months. The current stock

A binary option pays off $165 if a stock price is greater than $65 in three months. The current stock price is $50 and its volatility is 40%. The risk-free rate is 4% and the expected return on the stock is 10%. Note that some of the subsequent values were assumed and not calculated.
The risk-neutral probability of the payoffs (d2) is...

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