Connecting Binomial and Black-Scholes Option Pricing Models: A Spreadsheet-Based Illustration
The Black-Scholes option pricing model is part of the modern financial curriculum, even at the introductory level. However, as the derivation of the model, which requires advanced mathematical tools, is well beyond the scope of standard finance textbooks, the model has remained a great, but mysterio...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Bond University
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| Series: | Spreadsheets in Education |
| Online Access: | http://sie.scholasticahq.com/article/4595-connecting-binomial-and-black-scholes-option-pricing-models-a-spreadsheet-based-illustration.pdf |