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(20 points) Suppose the stock price at time zero is So, and the stock does not pay dividends. The risk free rate is r and

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(20 points) Suppose the stock price at time zero is So, and the stock does not pay dividends. The risk free rate is r and the time step is At. Consider an exotic option with present time 0 and the maturity at time T = NAt where N is an even number, and the payoff at the maturity is S2 + S4 + S6 + + Sn. What is the time 0 price of this option? (20 points) Suppose the stock price at time zero is So, and the stock does not pay dividends. The risk free rate is r and the time step is At. Consider an exotic option with present time 0 and the maturity at time T = NAt where N is an even number, and the payoff at the maturity is S2 + S4 + S6 + + Sn. What is the time 0 price of this option

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