Question
A stock has a current price of $115.83. A European call option on the stock expires in eight weeks and has N(d1) = 0.33. If
A stock has a current price of $115.83. A European call option on the stock expires in eight weeks and has N(d1) = 0.33. If volatility changes by 0.03, approximate the amount the call price is expected to change. Show your work
call vega formula is used
This is all info listed by book. Answer can be found using N(d1)
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
