SD = the standard deviation of the annual rate of return on the underlying stock.
All of the data required for the Black-Scholes model are readily available. This availability of data makes use of the model feasible. Pfizer, Inc., thus, can usefully apply the Black-Scholes model in the determination of initial offering pricing for new equity stock issues, for the valua
RISK MANAGEMENT POLICY: PFIZER, INC. (1969, December 31). In LotsofEssays.com. Retrieved 14:33, May 03, 2024, from https://www.lotsofessays.com/viewpaper/1686863.html