Question: In a two-step model, derivative expiry values are W (2, 0) = $0, W (2, 1) = 9 and W(2, 2) = 15 and two


In a two-step model, derivative expiry values are W (2, 0) = $0, W (2, 1) = 9 and W(2, 2) = 15 and two state prices are ) (2, 1) = 0.2 and >(2, 2) =0.2. What is the premium of this derivative
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