Question: please help me answer the following question. please type your answer. thank you Problem 8 A futures price is currently 60 and its volatility is

please help me answer the following question. please type your answer. thank you please help me answer the following question. please type your answer. thank

Problem 8 A futures price is currently 60 and its volatility is 25%. The risk-free interest rate is 10% per year. Use a two-step binomial tree to calculate the value of a six-month European call option on the futures with a strike price of 60. If the call were American, would it ever be worth exercising it early? Explain the answers with the appropriate calculations

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