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Which of the following is not an assumption of the Black-Scholes model? Select one: a. There are no dividends on the underlying over the life

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Which of the following is not an assumption of the Black-Scholes model? Select one: a. There are no dividends on the underlying over the life of the option b. The stock price follows a geometric Brownian motion C. Volatility changes constantly d. Trading is continuous e. There are no taxes or trading costs

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