IMPORTANT!!!! In exercise 3 for …

IMPORTANT!!!! In exercise 3 for Friday 5, there are som typos, unfortunately: The option should pay max(S2(T)-S1(T),0), and S0(0) in the expression for P under a) and c) should read S2(0)! Apologies for these confusing errors.

Published Nov. 5, 2010 1:48 PM - Last modified Oct. 3, 2011 6:59 PM