✦ LIBER ✦
Can a dynamic strategy replicate the returns of an option?
✍ Scribed by Michael Asay; Charles Edelsburg
- Publisher
- John Wiley and Sons
- Year
- 1986
- Tongue
- English
- Weight
- 484 KB
- Volume
- 6
- Category
- Article
- ISSN
- 0270-7314
No coin nor oath required. For personal study only.
✦ Synopsis
he Black-Scholes (B-S) method of establishing the value of an option suggests 'Black, Fischer, and Myron Scholes, "The Pricing of Options and Corporate Liabilities," Journal of Political Economy, 81 (May-June 1973).