10.7 Generalization( Figure 10.2, page 202) a derivative lasts for time and is dependent on a stock fd Options, Futures, and other Derivatives, 5th edition 2002 by John C. HullOptions, Futures, and Other Derivatives, 5th edition © 2002 by John C. Hull 10.7 Generalization (Figure 10.2, page 202) • A derivative lasts for time T and is dependent on a stock S0 ƒu S0d ƒd S0 ƒ