S0 1

u 2.7 P-up
d -0.8 P-down
m 0.1
S1 1%

K 2
r 0.02

7.29 P=

2.7
S=1 -2.16
-0.8

0.64
 23.14%
76.86%

(R-d) / (u-d)
0.2342857143
Cu= (7.29-2,0)= 5.29
C
Cd=(0.64-2,)= -1.36

((Cu-Cd)/(u-d)S)= =

((u*Cd)-(d*Cu))/((u-d)*(1+r)) =

+ =
 1.9

0.1568627

2.0568627