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Question 31 Within the Black-Scholes equation, the term N(d 1 ) represents all of the following except. .. Group of answer choices The option's delta.

Question 31

Within the Black-Scholes equation, the term N(d1) represents all of the following except...

Group of answer choices

The option's delta.

The risk neutral probability of exercize.

The slope of the price relationship between the option and the underlying as defined by Black-Sholes.

the "hedge ratio" to use to get "delta neutral"

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