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    Exam 13: Advanced Derivatives and Strategies
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    A Standard (Black-Scholes)European Option Is Equivalent to a Combination of a Down-And-Out
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A Standard (Black-Scholes)European Option Is Equivalent to a Combination of a Down-And-Out

Question 31

Question 31

True/False

A standard (Black-Scholes)European option is equivalent to a combination of a down-and-out call plus a down-and-out put.

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