easy · Quantitative Finance

A desk is pricing a 'down-and-out' barrier call option. If the barrier is not breached, the option behaves like a standard vanilla call worth 7.20. If a matching 'down-and-in' call is worth 1.35, what must be the price of the 'down-and-out' call according to in-out parity?

  1. $1.35
  2. $5.85
  3. $8.55
  4. $3.60

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