The Key Difference Between a Call Option Written on the USD

question 30

True/False

The key difference between a call option written on the USD cost of the AUD and a put option written on the AUD cost of the USD is the standard deviation estimate.

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Definitions:

TQM

Total Quality Management; a comprehensive approach focused on continuous improvement in all aspects of an organization through quality control, customer focus, and employee involvement.

Zero Defects

A quality management philosophy that aims for the minimization and elimination of defects in manufacturing processes and products.

Deming

Refers to W. Edwards Deming, an American engineer and statistician known for his work in quality management and his influential ideas in improving business processes.