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Option pricing question You have a deck of 97 cards and I will pay you $10 if I draw 4 cards and they are in ascending order (not necessarily consecutive order) and you pay me $1 if they are not. Would you play?
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Assistant Trader

Interviewed at Susquehanna International Group

3.8
Oct 10, 2012

Option pricing question You have a deck of 97 cards and I will pay you $10 if I draw 4 cards and they are in ascending order (not necessarily consecutive order) and you pay me $1 if they are not. Would you play?

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