= a. Build a simulation model in a spreadsheet to calculate the value of the option in

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a. Build a simulation model in a spreadsheet to calculate the value of the option in today’s dollars. Use Crystal Ball to run three separate simulations to estimate the value of the call option and hence the price of the option in today’s dollars. For the first simulation, run 100 trials of the simulation.

For the second simulation, run 500 trials of the simulation.

For the third simulation, run 1,000 trials of the simulation. For each simulation, record the price of the option in today’s dollars.

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