Let S(T) be the stock price at the maturity of various options whose payoffs are given below. K is the strike price of the options. For which of the options you do not need a stock price model to price the option?

Select one:

a. 2K 4S(T)

b. 3K 2S(T)2

c. Max[S(T)2 K2, 0]

d. Max[S(T) K, 0]

e. For all of the given options, a stock price model is needed to price the options