Question: 5. An European binary option is an option with fixed payoff H if Sr > K and 0 otherwise. How would you price this option?

5. An European binary option is an option with fixed payoff H if Sr > K and 0 otherwise. How would you price this option? 5. An European binary option is an option with fixed payoff H if Sr > K and 0 otherwise. How would you price this option
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