The Value of N(d), Which Is Used in the Black-Scholes

question 65

Multiple Choice

The value of N(d) , which is used in the Black-Scholes model, can take any value between

• A)−1 and +1.
• B)0 and +1.
• C)−1 and 0.
• D)− 0.95 and 0.95.

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