Question 5 - 25 marks Let us consider the following path-dependent option whose payoff is: 1 Payof f = max(K S2 (ti) + Sti), N N + where the option maturity is T years, t = it, and dt = F. Describe in details how you can use the Control Variate Method to price this option. You must show clearly all steps and computations in your answers. Question 5 - 25 marks Let us consider the following path-dependent option whose payoff is: 1 Payof f = max(K S2 (ti) + Sti), N N + where the option maturity is T years, t = it, and dt = F. Describe in details how you can use the Control Variate Method to price this option. You must show clearly all steps and computations in your answers