2 Consider two assets with prices, respectively, S1,t and S2,t. A call-on-max option with strike K and maturity T is an option with payoff (max{S1,1, S2,}-K)+. A call-on-min option with strike K and maturity T is an option with payoff (min{S1,1, S2,T}-K)+. Consider the portfolio that is made of one call-on-max option and one call-on-min option with same strike and maturity. Find the value of this portfolio at time 0 in terms of the prices of call/put options on the individual assets. 2 Consider two assets with prices, respectively, S1,t and S2,t. A call-on-max option with strike K and maturity T is an option with payoff (max{S1,1, S2,}-K)+. A call-on-min option with strike K and maturity T is an option with payoff (min{S1,1, S2,T}-K)+. Consider the portfolio that is made of one call-on-max option and one call-on-min option with same strike and maturity. Find the value of this portfolio at time 0 in terms of the prices of call/put options on the individual assets