TABLE 12.13 Binomial option prices for different numbers of binomial steps. As in Figure 10.2, all calculations assume that the stock price S= $41, the strike price K= $40, volatility o = 0.30, risk-free rate r=0.08, time to expiration T=1, Verity n=4 Number of Steps (n) Binomial Call Price ($) 7.839 ( 7.160 2010 4480px 643. 1868px Type here to search TABLE 12.13 Binomial option prices for different numbers of binomial steps. As in Figure 10.2, all calculations assume that the stock price S= $41, the strike price K= $40, volatility o = 0.30, risk-free rate r=0.08, time to expiration T=1, Verity n=4 Number of Steps (n) Binomial Call Price ($) 7.839 ( 7.160 2010 4480px 643. 1868px Type here to search