• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

Normal distribution tables – Black Scholes Model

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Normal distribution tables – Black Scholes Model

  • This topic has 3 replies, 2 voices, and was last updated 13 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • June 1, 2012 at 7:20 am #53008
    massif
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    What happens when the values calculated for d1 and d2 are not exactly those shown in the normal distribution tables, as is often the case ?

    For example if I calculate d1 as 0.9286 do I simply add 0.3212 + 0.3238 = 0.645 and divide by 2 to get 0.3225. Add 0.5 to the latter to get d1= 0.8225. This is the method I’ve been using but I doubt it is the accurate one.

    Please help

    Massif

    June 1, 2012 at 11:18 am #98968
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54695
    • ☆☆☆☆☆

    You are not expected to get an exact figure for N(d)

    What you are doing is fine, but in fact for the exam you only need to take the nearest figure (i.e. for N(d1) if d1 is 0.9286, just round to two places and look up 0.93 in the tables.

    June 1, 2012 at 12:39 pm #98969
    massif
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    I will try that from now on. Thank you.

    June 4, 2012 at 10:41 am #98970
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54695
    • ☆☆☆☆☆

    You are welcome.

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • @VIBHOR123 on FA Chapter 2 Questions The Statement of Financial Position and Statement of Profit or Loss
  • @VIBHOR123 on FA Chapter 2 Questions The Statement of Financial Position and Statement of Profit or Loss
  • John Moffat on Objectives of organisations – ACCA (AFM) lectures
  • alexgriff10 on Objectives of organisations – ACCA (AFM) lectures
  • MidnightWolfie on Operating segments (IFRS 8) – ACCA (SBR) lectures

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in