Question
Vega is defined as? A) the change in the value of the underlying asset for a dollar change in the call price B) the sensitivity
Vega is defined as?
A) the change in the value of the underlying asset for a dollar change in the call price
B) the sensitivity of an option's price to changes in volatility
C) the change in the volatility of the underlying stock price
D) the change in the value of an option for a dollar change in the price of the underlying asset.
E) the percentage change in the value of an option for a 1% change in the value of the underlying asset.
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
