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Which one of the following inputs is included in the Black-Scholes-Merton model but not in the Black-Scholes model? stock price volatility time to option maturity
Which one of the following inputs is included in the Black-Scholes-Merton model but not in the Black-Scholes model?
stock price volatility |
time to option maturity |
risk-free interest rate |
underlying stock price |
dividend yield |
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