After you discuss the importance of volatility on option prices, your boss mentions that he has heard

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After you discuss the importance of volatility on option prices, your boss mentions that he has heard of the VIX. What is the VIX and what does it represent? You might need to visit the Chicago Board Options Exchange (CBOE) at www.cboe.com to help with your answer.

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Corporate Finance

ISBN: 9780073105901

8th Edition

Authors: Jeffrey Jaffe, Bradford D Jordan

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