// fut.h
//
// Binomial futures option pricing model: declarations
//
#define MAXTERNODES 40 

struct valhedge {
  double value;
  double delta;};
class fut {
public:
  fut(double ttm=.25,int npers=4,double r=.05,double sigma=.3);
  valhedge eurcall(double f0,double X);

private:
  int nper;
  double tinc,r1per,disc,disctm,up,down,pratio,prcup,prcdn;
  double val[MAXTERNODES];};