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The Black-Scholes option-pricing model was developed and implemented in 1973 as exchange-traded options came into existence. We discussed five inputs to the model. Explain how
The Black-Scholes option-pricing model was developed and implemented in 1973 as exchange-traded options came into existence. We discussed five inputs to the model. Explain how and why the price of the underlying asset, exercise price, the time to expiration, the risk-free interest rate, and volatility of the underlying asset impact the value of a call option
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