# Question

For the lookback put:

a. What is the value of a lookback put if ST = 0? Verify that the formula gives you the same answer.

b. Verify that at maturity the value of the put is ST − ST .

a. What is the value of a lookback put if ST = 0? Verify that the formula gives you the same answer.

b. Verify that at maturity the value of the put is ST − ST .

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