What arguments would be given by those who feel that the Black-Scholes model does not apply in

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What arguments would be given by those who feel that the Black-Scholes model does not apply in pricing interest-rate options?

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:51 AM

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What arguments would be given by those who feel that the Black-Scholes model does not apply in

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The arguments lie in its underlying assumptions There are three assumptions underlying the BlackScholes model that limit its use in pricing options on ...View the full answer

Bond Markets Analysis and Strategies

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