Reference No: F&A0531TECPages: 21Published on: 5, February, 2016
Abstract: This note describes the intuition and the mathematics behind the Vanna-Volga method for pricing derivatives in the foreign-exchange markets. After building the intuition through the lens of risk neutral density and movement in volatility smile, the note explains the mathematics of the necessary adjustment to the Black-Scholes valuation formula in ... More
Reference No: BP0193Pages: 13Published on: 1, January, 1985
Abstract: Deals with the problems of a department set up to reproduce teaching materials for an educational organization. It focuses on the issues of managing the operations, purchasing new equipment and modernization, and pricing. The case is useful for highlighting the need for a problemsolving orientation, and evolving controls for ... More