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According to the Black-Scholes model the delta of a call on ALZ stock is given by 1 N d( ). When S K , 1
According to the Black-Scholes model the delta of a call on ALZ stock is given by 1 N d( ). When S K , 1 d can be defined as:
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
14th edition
133879879, 978-0133879872
