We have used an optical spark-chamber spectrometer to perform a systematic study of the reaction π−p→ΛK0 at beam momenta between 930 and 1130 MeV/c. The cross section, angular distribution, and Λ polarization have been measured. We present our complete data from a sample of 11 400 events along with Legendre polynomial coefficients for the angular distributions. No striking cross-section enhancement at ΣK threshold is observed, but there is evidence for a small cusp effect. A simple model which takes account of the ΣK channel provides a good fit to our data.
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