Question: Question The Black-Scholes Partial Differential Equation (PDE) is given by rStC/St + C/t + 2 St 2 2 C/St 2 = rC. Without deriving the

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The Black-Scholes Partial Differential Equation (PDE) is given by rStC/St + C/t + 2 St 2 2 C/St 2 = rC. Without deriving the PDE,

(d) Identify any 2 major limitations of the PDE.

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