Question: Please provide clear steps toward the answer, thanks! 5. Two European style exchange options f(X,Y,t), 2(X,Y,t) on the same underlying assets X, Y with same

Please provide clear steps toward the answer, thanks!Please provide clear steps toward the answer, thanks! 5. Two European style

5. Two European style exchange options f(X,Y,t), 2(X,Y,t) on the same underlying assets X, Y with same maturity T are traded in the markets. The payoffs of the options are fi(X, Y,,T)= max(X; -Y,0) f2(X, Y,,T)= max(Y, -X,,0) How f(X,Y,t), f.(X,Y,t) should be related? 5. Two European style exchange options f(X,Y,t), 2(X,Y,t) on the same underlying assets X, Y with same maturity T are traded in the markets. The payoffs of the options are fi(X, Y,,T)= max(X; -Y,0) f2(X, Y,,T)= max(Y, -X,,0) How f(X,Y,t), f.(X,Y,t) should be related

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