Question 3 Derive a pricing formula for a forward-start put option on a dividend yield- paying stock, with dividend yield vy, in which the strike
Question 3 Derive a pricing formula for a forward-start put option on a dividend yield- paying stock, with dividend yield vy, in which the strike price will be greater than the spot price at T1, the time the option 'starts', by a factor of a (thatis K = (1 + a)S11)
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