Considering the pricing problem of Europeancalloption.
考虑欧式看涨期权的定价问题。
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By applying the martingale pricing method in a world in which the logarithmic normal diffuse processes are expressed risk-neutral, we get European exchange rate calloption related with the stock.
In the particular financial market, the pricing formula and hedging strategy of Europeanoption and bounds of the price on American call option are also considered.