Redraw the given figure

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Redraw given Figure, but do so assuming a 6- month period and a currency exchange rate that is in line with those from March 2008:

The euro stood at $1.57, and the 6-month forward rate stood at $1.55.

Work with an equal probability of an up-movement to $1.50 or a down-movement to $1.60.

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Reference no: EM131243293

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