Multiple Choice
-What are the spot rates R(1) in the up and down nodes at time 1?
A) 0.046815,0.032195
B) 0.044801,0.034208
C) 0.039505,0.039505
D) 0.045130,0.038726
E) 0.031364,0.041928
Correct Answer:

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Correct Answer:
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