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A stock price is log-normally distributed, i.e., In Sy ~ (In So + (---)T, OVT). Consider a derivative on the stock with the time to

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A stock price is log-normally distributed, i.e., In Sy ~ (In So + (---)T, OVT). Consider a derivative on the stock with the time to expiration T and the following payoff: 0 if ST

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