Calculate V, V(H), V(T), V(HH), V(HT), V(TH), V(TT) with Given Parameters

V2 = (maxo<k<2 Sk - 7)+ = (max{S0, S1, S2} - 7)+

V2 = (max{6, 3/26, 2/36} - 7)+

V2 = (max{6, 9, 4} - 7)+

V2 = (9 - 7)+

V2 = 2

V = 2 V(H) = 2 + 0.073/26 V(T) = 2 + 0.072/36 V(HH) = 2 + 0.07*(3/26)^2 V(HT) = 2 + 0.07(3/26)(2/36) V(TH) = 2 + 0.07(2/36)(3/26) V(TT) = 2 + 0.07(2/3*6)^2