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Abstract

Microsoft Excel is one of the most powerful and valuable tools available to the business users. The financial industry in New York City has recognized this value. We can see this by going to one of the many job sites on the Internet. Two Internet sites that demonstrate the value of someone who knows Microsoft Excel very well are www.dice.com and www.indeed.com. For both of these Internet sites, search for New York City and VBA, which is Microsoft Excel’s programming language, and you will see many job postings requiring VBA.

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Appendix 25.1: Excel Code—Binomial Option Pricing Model

Appendix 25.1: Excel Code—Binomial Option Pricing Model

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Lee, CF., Lee, J., Chang, JR., Tai, T. (2016). Binomial Option Pricing Model Decision Tree Approach. In: Essentials of Excel, Excel VBA, SAS and Minitab for Statistical and Financial Analyses. Springer, Cham. https://doi.org/10.1007/978-3-319-38867-0_25

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