--%>

Is the Black–Scholes formula correct

Is the Black–Scholes formula correct?

E

Expert

Verified

The Black–Scholes formula is not correct, if volatility is not constant. Again, here is the small caveat which the Black–Scholes formula can work when volatility is a known deterministic time function.

   Related Questions in Financial Management

  • Q : Mathematical laws under condition of

    Explain all mathematical laws under the condition of Central Limit Theorem.

  • Q : What are Uses of Wiener

    What are Uses of Wiener Process/Brownian Motion in Finance? Answer: This is the most common stochastic building block for random walks within finance.<

  • Q : What is dynamically hedge What is

    What is dynamically hedge?

  • Q : Describe the name of volatilities

    Describe the name of volatilities.

  • Q : How is hedging need decreased by a

    How is hedging requirement decreased by a gamma-neutral strategy?

  • Q : Describe Greshams Law Describe

    Describe Gresham’s Law.This law refers to the phenomenon that bad (abundant) money drives good (scarce) money out of circulation. This sort of phenomenon was frequently observed under the bimetallic standard under which gold and silver bot

  • Q : The correlation coefficient for two

    What happens if the correlation coefficient for two variables is -1 or 0 or +1?

  • Q : Services which international banks

    Briefly discuss some services which international banks provide their customers & the market place.International banks can be considered by the sort of services they provide that distinguish them from domestic banks.  Foremost, internat

  • Q : International finance factor

    factor responsible for surging the international investment portfolio

  • Q : Suggestion to stop the recurrence of

    In integrated world financial market, a financial crisis in a country can be quickly transmitted to other countries, causing global crisis. What sort of measures would you suggest to stop the recurrence of Asia-type crisis?

    Discover Q & A

    Leading Solution Library
    Avail More Than 1435747 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1954598
    Asked

    3,689

    Active Tutors

    1435747

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.