The nobel-prize winning black-scholes options pricing model


The nobel-prize winning black-scholes options pricing model has been the worst widely used trading tool for options in the past decades.is it really such a perfect mathematical model to compute option value? if not, how do market participants make adjustments or corrections in practice? please use the facebook data and a standard B-S calculator to support your conclusion.

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Financial Management: The nobel-prize winning black-scholes options pricing model
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