Section 26.9 gives two formulas for a down-and-out call. The first applies to the
Chapter 26, Problem 26.6(choose chapter or problem)
Section 26.9 gives two formulas for a down-and-out call. The first applies to the situation where the barrier, H, is less than or equal to the strike price, K. The second applies to the situation where H > K. Show that the two formulas are the same when H K.
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