The Following Was NOT a Major Development in the History

question 18

Multiple Choice

The following was NOT a major development in the history of option pricing:

• A) the Black-Scholes-Merton model for pricing European options
• B) the James-Jones model for dollar dividend adjustment
• C) the Merton and Jarrow-Turnbull models for pricing derivatives with credit risk
• D) Harrison-Kreps and Harrison-Pliska's martingale pricing methodology
• E) Vasicek,Ho-Lee,and the Heath-Jarrow-Morton (HJM),and HJM Libor models

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Definitions:

Chemotherapy

A type of cancer treatment that uses one or more anti-cancer drugs as part of a standardized chemotherapy regimen to kill or slow the growth of cancer cells.

Atherosclerosis

A condition characterized by the hardening and narrowing of the arteries due to the buildup of plaque, leading to potential cardiovascular problems.

Plaque

A substance composed of fat, cholesterol, calcium, and other substances found in the blood that can build up on the inner walls of arteries, leading to heart disease.

Bone Density

The amount of bone mineral in bone tissue, reflecting the strength and health of bones.