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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 25: Options and Corporate Securities
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    If D<sub>1</sub> = -1
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If D1 = -1

Question 31

Question 31

Multiple Choice

If d1 = -1.52 in the Black-Scholes formula, what is the value for N(d1) ?


A) -0.9357
B) -0.0643
C) 0.1985
D) 0.0643
E) 0.9357

Correct Answer:

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