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    Principles of Corporate Finance Study Set 3
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    Exam 22: Real Options
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    Explain the Main Difference Between the Black-Scholes Formula and the Binomial
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Explain the Main Difference Between the Black-Scholes Formula and the Binomial

Question 29

Question 29

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Explain the main difference between the Black-Scholes formula and the binomial method. How does this relate to real options analysis?

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The Black-Scholes formula is a continuou...

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