Reconsider the determination of the hedge ratio in the two-state model where we showed that one-third share of stock would hedge one option. The possible end-of-year stock prices, uS0 = $85 (up state) and dS0 = $42 (down state). a. What would be the call option hedge ratio for each of the following exercise prices: $85, $70, $52, $42, given the possible end-of-year stock prices, uS0 = $85 (up state) and dS0 = $42 (down state)? (Round your answers to 3 decimal places.)

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1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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