Question: Using the data in the binomial tree below, what is the value of V1L? (note that questions 24-28 use the same binomial tree. You may


Using the data in the binomial tree below, what is the value of V1L? (note that questions 24-28 use the same binomial tree. You may need the results from one question for the calculation of a later question) V = 100 C = 5.5 V2,HH = C=5.5 12,HH = V1,H= C=5.5 11,H= V = 100 C = 5.5 Vo = io = 3.0000% V2,HL= C=5.5 12.HL = V1,L= C=5.5 11,4 = 3.5000% V = 100 C = 5.5 V2,LL= C=5.5 i2, LL = 4.1000% V = 100 C = 5.5 Time = 0 Time = 1 Time = 2 Time = 3 . 102.809 . 101.746 . 101.863
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