Review. Principle of separation Present discounted value the real investment. (equivalence). Decide whether to undertake it (optimization). Select.
Monty Hall and options. Demonstration: Monty Hall A prize is behind one of three doors. Contestant chooses one. Host opens a door that is not the.
Options and risk measurement. Definition of a call option A call option is the right but not the obligation to buy 100 shares of the stock at a stated.
Monty Hall and options
