Question: 8. [3 marks] Define a digital call de and a digital put do with a strike price K and exercise time T to have payouts

 8. [3 marks] Define a digital call de and a digital

8. [3 marks] Define a digital call de and a digital put do with a strike price K and exercise time T to have payouts 0 if S K 1 if S > K 1 if S

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