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limitations of black-scholes model

Former userFormer user9y ago

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John MoffatJohn MoffatTutor9y ago#1
It is only valid for European style options, estimating the variables involved, and of course the greeks. I assume you have watched all of the free lectures on options (and that you appreciate that currency option pricing only appeared briefly in the syllabus several years ago and is no longer examinable).
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