Professional Documents
Culture Documents
Black-Scholes Factors
S 260 Current stock price d1=
X 270 Option exercise price d2=
t 0.50 Time to option exercise (in year N(d1)=
r 2.5% Annual interest rate N(d2)=
Sigma 11% Riskiness of stock
n 25 Number of subdivisions of T
Black-Scholes Call 5.2720871
26,000,000