Consider a three-period binomial model of 12 months. Assume the stock price is $37.50,

? = 0.20, r = 0.05 and the exercise price of a call option is $35.

What is the forecasted price of the stock at the node after two consecutive upward movements of the stock price?
A) $38.68
B) $42.80
C) $48.84
D) $50.06

C

Business

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________ is the amount of cash that the firm actually paid to acquire an asset

A) Current market value B) Current cost C) Historical cost D) Net realizable value

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