Question: Find the value of an American put using the binomial option pricing model when S = 70, X = 70, r = 0.08, u =1.10,
Find the value of an American put using the binomial option pricing model when S = 70, X = 70, r = 0.08, u =1.10, and d = 0.95. There are no dividends. Use n = 2 periods.
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