A quanto option is a vanilla option on a foreign underlying, but with a payout in domestic currency. The payout of the option is converted to the domestic currency at expiration, at a predefined exchange rate -E0-. Even though the exchange rate is set in advance, the quantity of money to be converted will not be known till expiration.

List of symbols

	Value of the quanto call option at expiration
	Value of the quanto put option at expiration
	Value of the underlying asset at expiration
K	Strike (excersise) price
	Current exchange rate

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