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This article examines the major differences in the accounting and stock market characteristics of banking organizations that use derivatives relative to those that do not.
Persistent link: https://www.econbiz.de/10005373274
Implied probability density functions (PDFs) estimated from cross-sections of observed options prices are gaining increasing attention amongst academics and practitioners. However, to date little attention has been paid to the robustness of these estimates or to the confidence users can place in...
Persistent link: https://www.econbiz.de/10005419930