• 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
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Save 20% on ACCA & CIMA Books

Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get 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 AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • June 1, 2012 at 7:20 am #53008
    Avatarmassif
    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
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54843
    • ☆☆☆☆☆

    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
    Avatarmassif
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    I will try that from now on. Thank you.

    June 4, 2012 at 10:41 am #98970
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54843
    • ☆☆☆☆☆

    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

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 Exams – Instant Poll

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

  • TEDI on IAS 16 Property, plant and equipment – Initial Recognition – CIMA F1 Financial Reporting
  • ChanNV on Framework – measurement – ACCA Financial Reporting (FR)
  • ChanNV on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • Konstantinos43 on Financial Performance Measurement – Liquidity Measures – ACCA Management Accounting (MA)
  • Hirak.5 on ACCA TX-UK FA2025 Chapter 3 Property Income and Investments – Individuals

Copyright © 2026 · Contact · Advertising · OpenLicense · About · Sitemap · Privacy Policy · Cookie settings · Comments · Log in