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F ( f [ n ] g ]) = 1 N ) 1 N N= 2 1 X j = N= 2 ^ f [ j ] ^ g k : denote the Fourier transforms of and , respectively. The proofs of these two propositions are straight forward applications of the definition of the Fourier transform given in the preceeding notes, and are left as exercises. Sampling rate. A commonly seen unit of sampling rate is Hz, which stands for Hertz and means "samples per second". As an example, 48 kHz is 48,000 samples per second. An Asian option (or average value option) is a special type of option contract.For Asian options the payoff is determined by the average underlying price over some pre-set period of time. This is different from the case of the usual European option and American option, where the payoff of the option contract depends on the price of the underlying instrument at exercise; Asian options are thus
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