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

 An European binary option is an option with fixed payoff H

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

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