Question

You are given the following information:

S0 = $ 35.0 X = $ 32.0
U = 1.1 per period D = 0.85 per period
T = 0.5 R = 5.0%
standard deviation sigma = 0.25 and dividend yield q =
0.
Use a two-period Binom

Answer 1

At the end I think it’s the same as a regular season ticket holder and the ticket holders will have a ticket holder