Show that the formula in equation (16.12) for a put option to sell one unit of currency

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Show that the formula in equation (16.12) for a put option to sell one unit of currency A for currency B at strike price K gives the same value as equation (16.11) for a call option to buy K units of currency B for currency A at strike price 1/K.

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Options Futures And Other Derivatives

ISBN: 9780273759072

8th Global Edition

Authors: John Hull

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Question Posted: Oct 21, 2024 09:01 AM

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Show that the formula in equation (16.12) for a put option to sell one unit of currency

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Options Futures And Other Derivatives

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