Question: D B. E You are using a two-step binomial tree to estimate the price of a call option on YUM. The strike price of the

 D B. E You are using a two-step binomial tree to

D B. E You are using a two-step binomial tree to estimate the price of a call option on YUM. The strike price of the call option is $20. The price of YUM today is $25. The risk-free rate is 0.05. What is the price of the call? u2 d-0.7

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