X

My principal CONTRIBUTION to the Black-Scholes OPTION-pricing theory was to show that the DYNAMIC trading STRATEGY prescribed by Black and Scholes to offset the risk exposure of an option would provide a perfect hedge in the limit of continuous trading.

Author - Robert C. Merton

( 5 )  .  1 Rating
34 views   .  0 comments  .   .   .  shares  . 

Download Quotes PDF
Give Rating
Report

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

Add Your Thought For The Quote
Comments(0)

Let the most powerful wisdom quotes and sayings of our times guide your life! quotes has got them all listed out for you to explore. Simply,Choose a topic/author and get started on a self-paced journey of inner awakening inspired by great minds.

Explore Other Libraries

Explore Similar Quotes

Author - Wang Shi

Author - Avigdor Lieberman

Author - Timothy Noah

Author - Sal Khan

Author - Vivek Ramaswamy

Author - Jeffrey Sachs

Author - M. S. Swaminathan

Author - Christopher Jackson

Author - Marc Rich

Author - Graeme Base





Copyright (c) 2021 TuteeHUB

OPEN APP
Channel Join Group Join