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NEW QUESTION: 1
Which of the following is NOT an assumption underlying the Black Scholes Merton option valuation formula:
A. There are no transaction costs
B. The option is European
C. Prices of the underlying asset are normally distributed
D. Volatility of the underlying and the risk free interest rate is constant
Answer: C
Explanation:
The BSM formula assumes that prices are lognormally distributed. Therefore Choice 'b' does not represent a valid assumption underlying Black Scholes. All other choices represent valid assumptions.

NEW QUESTION: 2
데이터베이스 감사는 클라이언트 데이터의 데이터 소유권이 정의되는 방식에 문제가 있음을 나타냅니다. 이 결과에 대해 다음 중 어떤 역할을 담당해야 합니까?
A. 사업 관리
B. 정보 보안 관리
C. 개인 정보 보호 관리자
D. 데이터베이스 관리자
Answer: A

NEW QUESTION: 3
The ability of commercial banks to create credit would be reduced if:
A. interest rates were lowered
B. the central bank bought bonds from the banks
C. their stock of cash assets increased
D. the required cash ratio was raised
Answer: D

NEW QUESTION: 4
HOTSPOT
You define a class by using the following code:

To answer, complete each statement according to the information presented in the code.

Answer:
Explanation:

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