<html><body><p>Briefly <a href="https://quotes.tuteehub.com/tag/speaking-5602" style="font-weight:bold;" target="_blank" title="Click to read more quotes about SPEAKING">SPEAKING</a>, our conclusion is that stochastic volatility does not make a <a href="https://quotes.tuteehub.com/tag/huge-3867" style="font-weight:bold;" target="_blank" title="Click to read more quotes about HUGE">HUGE</a> difference as far as the pricing is concerned if you get the <a href="https://quotes.tuteehub.com/tag/average-4336" style="font-weight:bold;" target="_blank" title="Click to read more quotes about AVERAGE">AVERAGE</a> volatility right. It <a href="https://quotes.tuteehub.com/tag/makes-2116" style="font-weight:bold;" target="_blank" title="Click to read more quotes about MAKES">MAKES</a> a <a href="https://quotes.tuteehub.com/tag/big-92" style="font-weight:bold;" target="_blank" title="Click to read more quotes about BIG">BIG</a> difference as far as hedging is concerned.</p></body></html>

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Briefly SPEAKING, our conclusion is that stochastic volatility does not make a HUGE difference as far as the pricing is concerned if you get the AVERAGE volatility right. It MAKES a BIG difference as far as hedging is concerned.

Author - John Hull Subject - Big Difference

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Briefly SPEAKING, our conclusion is that stochastic volatility does not make a HUGE difference as far as the pricing is concerned if you get the AVERAGE volatility right. It MAKES a BIG difference as far as hedging is concerned.

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Briefly SPEAKING, our conclusion is that stochastic volatility does not make a HUGE difference as far as the pricing is concerned if you get the AVERAGE volatility right. It MAKES a BIG difference as far as hedging is concerned.

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