Write an R. (or Python) function which prices a look-back option with Monte Carlo simulation. A...
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Write an R. (or Python) function which prices a look-back option with Monte Carlo simulation. A look-back call option with strike price K and maturity T has the payoff V(T) = max{0, Smax - K} where Smar=max{S(t), 0 < t < T} is the maximum price achieved until the time of maturity. Write an R. (or Python) function which prices a look-back option with Monte Carlo simulation. A look-back call option with strike price K and maturity T has the payoff V(T) = max{0, Smax - K} where Smar=max{S(t), 0 < t < T} is the maximum price achieved until the time of maturity.
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