Lecture Note 4:
Option Specifications, Price Restrictions, and Early Exercise
of American Options
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I. Contract Specifications and Institutional Details
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1. The six U.S. exchanges that list and trade equity, ETF,
and index options contracts are
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The A

Lecture Note 7 Supplement
Black-Scholes Options Pricing and Greeks
Comparison of Binomial and Black-Scholes Option Prices
In the next lecture we will examine in detail the Black-Scholes
option pricing model. Although the Black-Scholes model is
useful, mos

Lecture Note 6 Supplement
Options Pricing - Binomial Trees
From Theory to Practice
When binomial trees are used in practice, the life of the option is
typically partitioned into a large number of time steps, t. In
each small time step there is a binomial

_ CHAPTER 5 INTRODUCTION TO BUSINESS EXPENSES _ DISCUSSION QUESTIONS
1. All allowable deductions of individual taxpayers are classified as either for adjusted gross income or from adjusted gross income. Why are deductions for adjusted gross income usually