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The Black–Scholes Option Pricing Formula

  • Steven Roman
Chapter
Part of the Undergraduate Texts in Mathematics book series (UTM)

Abstract

The models that we have been studying are discrete-time models, because changes take place only at discrete points in time. On the other hand, in continuous-time models, changes can take place (at least theoretically) at any real time during the life of the model.

Keywords

Brownian Motion Stock Price Option Price Implied Volatility Standard Brownian Motion 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Steven Roman 2012

Authors and Affiliations

  • Steven Roman
    • 1
  1. 1.IrvineUSA

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