In the Black Scholes Merton option pricing formula N(d 1 ) denotes The area under a normal distribution from zero to d 1 The area under a normal distribution up to d 1 The area under a normal distribution beyond d 1 The area under the normal distribution between d 1 and d 1 None of the answers are correct

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In the Black-Scholes-Merton option pricing formula N(d 1 ) denotes The area under a normal distribution from zero to d 1 The area under a

In the Black-Scholes-Merton option pricing formula N(d₁) denotes

		The area under a normal distribution from zero to d₁
		The area under a normal distribution up to d₁
		The area under a normal distribution beyond d₁
		The area under the normal distribution between -d₁ and d₁
		None of the answers are correct

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