Using the BinomCall and BinomPut functions, compute the binomial approximations for the options in Examples 12.1 and
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n = 8, 9, 10, 11, and 12. What do you observe about the behavior of the binomial approximation?
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N Call Put 8 3464 1718 9 3361 1642 10 3454 1711 11 ...View the full answer
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