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. Consider the lower bound of the European call option. Use your intuition to try to explain why this must be the lower bound. (Hint:

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. Consider the lower bound of the European call option. Use your intuition to try to explain why this must be the lower bound. (Hint: read the text- book and lecture notes) Searching for intuition essentally menas looking for an explanation that is easy to understand (aim for easy for a child to understand) but need not be complete or a proof

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