Black-Scholes Not Always the Best Option

If your firm has gotten used to using the Black-Scholes Options Price Model (BSOPM) when valuing options and other derivatives, you may want to rethink your practice. The reason? The BSOPM may not be entirely accurate when pricing derivatives that are other than ?plain vanilla,? says Anthony Alfonso, president of BDO Valuation Advisors in Los [...]

Source: http://bigfatfinanceblog.com/2011/01/31/black-scholes-not-always-the-best-option/

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