Black's approximation
id:
black-s-approximation-313-8505478
title:
Black's approximation
text:
In finance, Black's approximation is an approximate method for computing the value of an American call option on a stock paying a single dividend. It was described by Fischer Black in 1975. The Black–Scholes formula provides an explicit equation for the value of a call option on a non-dividend paying stock. In case the stock pays one or more discrete dividend(s) no closed formula is known, but several approximations can be used, or else the Black–Scholes PDE will have to be solved numerically. O
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wiki
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encyclopedia
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original url:
https://en.wikipedia.org/wiki/Black%27s_approximation
date created:
date modified:
2022-01-15T16:31:13Z
main entity:
{"identifier":"Q4920043","url":"https://www.wikidata.org/entity/Q4920043"}
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