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The hardest value to estimate for the Black-Scholes model is the
Self-Efficacy
An individual's belief in their own capacity to execute behaviors necessary to produce specific performance attainments.
Competence
The ability to effectively perform or accomplish a task, activity, or role to a specified standard based on one's skills, knowledge, and experience.
Imaginal Internal Representational System
This term refers to the mental processes involving imagery and visual representation, used by individuals to conceptualize and navigate their internal and external worlds.
Verbal System
The structured set of language symbols and rules used for communication.
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