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Using direct differentiation, prove that in the Black-Scholes model the Delta of a Call option is equal to e T (d1), where () is the
Using direct differentiation, prove that in the Black-Scholes model the Delta of a Call option is equal to eT(d1), where () is the cumulative normal distribution. Using direct differentiation, compute the Black-Scholes sensitivity of the Put option to interest rate r. (you may find the final answer on p. 380 in text)
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