Show that the formula in equation (17.12) for a put option to sell one unit of currency \(A\) for currency B at strike price \(K\) gives the same value as equation (17.11) for a call option to buy \(K\) units of currency B for currency A at strike price \(1 / K\).

Transcribed Image Text:

c= = Se N(d) - Kert N(d) p=Ke N(-d2) - Soe N(-d) (17.11) (17.12)