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More precisely, the authors consider the pricing problem for the down-and-out barrier option under a geometric Brownian motion process (GBM) with discrete monitoring. It is shown how to reduce its valuation to an integral equation of the Wiener-Hopf type. The latter problem admits an analytical solution in the standard Black-Scholes framework, i.e., when the underlying asset evolves accordingly to a GBM an the knock-out clause is activated by a constant barrier. The paper offers a formal solution of the barrier option price as an inverse \\(z\\)-transform of the Wiener-Hopf solution, and presents explicit formulas for the Greeks which makes the author's procedure really competitive with respect to Monte Carlo simulations. 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