Question: Technical Note 13 at www-2.rotman.utoronto.ca/~hull/TechnicalNotes provides a different approach to valuing lookbacks. Value the lookback in Problem 27.19 using this approach. Show that it gives

Technical Note 13 at www-2.rotman.utoronto.ca/~hull/TechnicalNotes provides a different approach to valuing lookbacks. Value the lookback in Problem 27.19 using this approach. Show that it gives the same answer as the approach in Section 27.5.

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