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In the Black-Scholes Model N(d₁)represents the

Question 32

Multiple Choice

In the Black-Scholes model N(d₁) represents the


A) Hedge ratio.
B) Partial derivative of the call's value with respect to the stock price.
C) Change in the option's value given a one dollar change in the underlying security's price.
D) Option's delta.
E) All of the above.

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