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- 2011-7-11
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- 2014-8-7
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1. For employee stock options, higher the rf - higher the option price (since it's based on BSM). However, if we're talking Calls/Puts
Calls - Positive correlation to rf
Puts - Negative correlation to rf
(this is due to the discounting of the X factor in C+X = S+P) |
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发表于 2011-7-13 13:28
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