Question: You are valuing options on EberCore stock. The stock has a standard deviation of 7.73 based on monthly returns. The stock currently sells for $41.79

You are valuing options on EberCore stock. The stock has a standard deviation of 7.73 based on monthly returns. The stock currently sells for $41.79 per share. If you were creating a binomial tree for an option with 8 months to expiration, what would be the upward value of the stock 8 months from now?

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