Based Only on the Information Given in This Biography,discuss the Credibility

question 11

Short Answer

Based only on the information given in this biography,discuss the credibility and authority of the person described on each of the topics in the list that follows:
David A.Kilbourne taught himself to program in three different computer languages by the time he was sixteen.At seventeen,he was a member of a loose-knit southern California group of computer "hackers" that specialized in tapping the databases of large corporations,including the telephone company and several banks.In 1994,Kilbourne was charged with using his home computer and a telephone communications device to manipulate data in the Pacific Bell Telephone database to avoid telephone bills for his household and those of several friends for almost two years.It was also discovered that he had savings accounts at two Bank of America branches,with balances totaling over seventy thousand dollars,despite never having made a deposit or even "officially" opening the accounts.Kilbourne was found guilty on several counts of defrauding the two companies and was put on three years' probation.During his probation,Bank of America hired him as a consultant to assess the security of its computer files,a job at which he worked for nearly a year.He now works for a legitimate software house in the Silicon Valley.(Asked which side of the law he preferred working on,Kilbourne replied,"Everything considered,being an outlaw was more fun.")
a.the morality of software piracy
b.corporate data banks
c.telecommunications
d.purchasing a computer for a small business
e.electronic games
f.computer programming
We'd listen to Kilbourne with attention on topics (b), (c),and (f),and we'd give his opinions more weight than our own on (d)and (e).We think we could get better authority on (a).

Describe the fundamentals of the Black-Scholes option-pricing formula and its applicability to different types of options.

Analyze the impact of time to expiration on the value of options.

Distinguish between intrinsic value and time value in the context of option pricing.

Understand the concepts of delta, gamma, and other Greek letters in option pricing.