NO.PZ2024021803000049
问题如下：
Given an underlying asset expected to move up or down by 25% over the next year and a risk-free rate of 5%, what is the risk-neutral probability that the asset's price will decrease?选项：
A.0.25 B.0.4 C.0.6解释：
u=1.25,d=0.75, π=(1+5%-0.75)/(1.25-0.75)=0.6,1-π=1-0.6=0.4
Given an underlying asset expected to move up or down by 25% over the next year and a risk-free rate of 5%, what is the risk-neutral probability that the asset's price will decrease?
