BLACK - SCHOLES FORMULA

                                              Black - Scholes European Call Option Pricing Surface (Page 401)
                                        PLATINUM ESSAYS IN THE PHILOSOPHY OF APPLIED ECONOMICS OF DEVELOPMENT

The Black - Scholes Formula is used for obtaining the price of European put and call options. Its is obtained by solving the Black-Scholes PDE.

BLACK - SCHOLES PDE

BLACK SCHOLES PDE (Page 399)

(PLATINUM ESSAYS IN THE PHILOSOPHY OF APPLIED ECONOMICS OF DEVELOPMENT)