𝔖 Bobbio Scriptorium
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A note on John R. Searle's derivation of ‘ought’ from ‘is’

✍ Scribed by Ofstad, Harald; Bergström, Lars


Book ID
120836882
Publisher
Taylor and Francis Group
Year
1965
Tongue
English
Weight
308 KB
Volume
8
Category
Article
ISSN
0020-174X

No coin nor oath required. For personal study only.


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A note on the derivation of Black-Schole
✍ Tie Su 📂 Article 📅 2003 🏛 John Wiley and Sons 🌐 English ⚖ 59 KB 👁 2 views

## Abstract An option hedge ratio is the sensitivity of an option price with respect to price changes in the underlying stock. It measures the number of shares of stocks to hedge an option position. This article presents a simple derivation of the hedge ratios under the Black‐Scholes option‐pricing