Problem

23. Repeat the previous question for the CRR model only, but change the strike to $90, i.e...

23. Repeat the previous question for the CRR model only, but change the strike to $90, i.e., the call option is deep in-the-money. What happens to the plot? Then repeat this with the strike equal to $110, i.e., when the option is out-of-the-money. What happens to the plot?

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Solutions For Problems in Chapter 13