The Black-Scholes Option Pricing Formulae

question 69

Multiple Choice

The Black-Scholes option pricing formulae

• A)are used widely in practice, especially by international banks in trading OTC options.
• B)are not widely used outside of the academic world.
• C)work well enough, but are not used in the real world because no one has the time to flog their calculator for five minutes on the trading floor.
• D)none of the above

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Definitions:

Seneca Falls

The location of the first women's rights convention in 1848 in New York, an event that marked the beginning of the women's suffrage movement in the United States.

Women's "Sphere"

A nineteenth-century ideological belief that women's roles were confined to domestic responsibilities and moral guardianship of the home.

Uncle Tom's Cabin

is a novel by Harriet Beecher Stowe published in 1852, which depicted the harsh realities of slavery in the United States and galvanized anti-slavery sentiments.

Free Opinion

The right to hold and express one's thoughts and viewpoints without fear of censorship or retaliation.