B ‌‌‌‍‍‌‍‌‌‍‍‌‍‍‌‌‌‍‍ lack and Scholes (1973) treat stock options as redundant securities as their payoffs can be replicated in continuous time by investments in stocks and bonds. Discuss this statement and provide a critical evaluation of the relevant theoretical and empirical literature ‌‌‌‍‍‌‍‌‌‍‍‌‍‍‌‌‌‍‍ please use good quality paper”minimum 6″ i found some papers it might be helpful 1-The Pricing of Options and Corporate Liabilities Fischer Black, and Myron Scholes 2-Option pricing when underlying stock returns are discontinuous by Robert C.Merto ‌‌‌‍‍‌‍‌‌‍‍‌‍‍‌‌‌‍‍ n