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This question is designed to make sure you know how to derive the Black-Scholes partial differential equation (pde). a) Why is Itos lemma needed? b)
This question is designed to make sure you know how to derive the Black-Scholes partial differential equation (pde). a) Why is Itos lemma needed?
b) Derive the Black-Scholes pde,
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
