《金融学（博迪） 清华本科课件 Ch15Temp》由会员分享，可在线阅读，更多相关《金融学（博迪） 清华本科课件 Ch15Temp（5页珍藏版）》请在金锄头文库上搜索。
1、Section 15.6 Binomial Option Pricing Inputs Stock Price Now Stock Price Volatility Riskfree Rate Call Exercise Price Number of Subperiods NowMaturity Date 0Date 1 Stock Call Synthetic Call Replicating Portfolio Shares of Stock Money Borrowed Synthetic Call Prices Section 15.7 Black-Scholes Outputs I
2、nputsStockExercise Risk-free Time toStandard Dividend PricePriceRateMaturity Deviation Yieldd1d2N(d1)N(d2) (a.) (b.)Hedge Dollars in Dollars in RatioStockBond (c.)Put Price Call Price Section 15.7 Black-Scholes Outputs InputsStockExercise Risk-free Time toStandard Dividend PricePriceRateMaturity Deviation Yieldd1d2N(d1)N(d2) Call Price
