mm,..mm...m Y FINANCE DEPARTMENT - NYU Stern

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Computational Finance Conference at Stanford University, August, 1996. ... In addition, some new put-call “symmetry” relations are also derived. ... than that of a standard option, this is not true for the pricing and hedging of such options. In ..... Note that the term (r — Ds'$)h(St,Xt) in (9) represents the intermediate cash flow or.