Dog Tag Calculations (Good enough 2 sticky?)

LawLinFace wrote: »

Or you could do the harder mission to get the dog tags that you don't have... 1 out of 3 missions will be harder than the two other missions. I chose to do the harder mission last month and I got the last letter. The harder the mission is the least chance of you getting the same letter. The harder mission is usually the second or third, never the first one.

teh1337ninj4 wrote: »

Then it goes: (dog tags)
6 remaining > 66%
5 remaining > 55%
4 remaining > 44%
3 remaining > 33%
2 remaining > 22%
1 remaining > 11%

teh1337ninj4 wrote: »

You called that 7 grade math? It's Grade 12 Data Management (Math) University level/preparation. (MDM4U)

Clearly you haven't look at the 2 formulas and I highly doubt it that you learn those unless you took the course.

Look up on Google (MDM4U) they teach this stuff and you will need it in university because they teach this and more.

teh1337ninj4 wrote: »

You called that 7 grade math? It's Grade 12 Data Management (Math) University level/preparation. (MDM4U)

Clearly you haven't look at the 2 formulas and I highly doubt it that you learn those unless you took the course.

Look up on Google (MDM4U) they teach this stuff and you will need it in university because they teach this and more.

teh1337ninj4 wrote: »

You called that 7 grade math? It's Grade 12 Data Management (Math) University level/preparation. (MDM4U)

Clearly you haven't look at the 2 formulas and I highly doubt it that you learn those unless you took the course.

Look up on Google (MDM4U) they teach this stuff and you will need it in university because they teach this and more.

Definition: A European call option is a security giving the holder the right, but not the obligation, to buy a single share of a specific stock at a specified price E on a specified future date T. E is called the exercise (or strike) price and T is called the maturity (or expiration) date of the option.
Let V=V(S,t) denote the value of the (European) call option at time t on the closed interval 0 to T if the current market value of the stock is S dollars per share. If r denotes the (constant) short term riskless interest rate and sigma denotes the “volatility parameter” of the stock’s price per share, then Black and Scholes showed that V satisfires the partial differential equation
(1) V_t = rV – rSV_s – (sigma^2S^2V_ss)/2 for 0 < S < infinity and 0 < t < T, subject to the boundary conditions
(2) V(0,t) = 0 and V(S,t)/S approaches 1 as S approaches infinity
And the final condition
(3) V(S,T) =max{S-E, 0}
This problem can be transformed into an equivalent problem of solving the diffusion equation in the upper half-plane subject to a prescribed initial condition related to the final condition (3). (For details see, home problem A plus the last three pages of this handout). It then follows from equation (8) in section 2.4 of our text that
(4) V(S,t)=SN(d_1)-Ee^r(t-T)N(d2)
Where
d_1 = (ln(S/E) + [r+(sigma^2/2)](T-t))/sigma*(T-t)^.5
and
d_2 = (ln(S/E) + [r-(sigma^2/2)](T-t))/sigma*(T-t)^.5
and
N(d)=1/(2pi)^.5 integral e^-p^2/2 dp from negative infinity to d
Denotes the cumulative standard normal distribution function evaluated at d.

Exercises:
A. Fill in the details of the derivation of the Black-Scholes formula (4) for the solution to (1)-(2)-(3) given on the last three pages of this handout.
B. The New York stock exchance closing price per share in dollars of Company X on 28 consecutive Wednesdays is given in the tables below. The short term riskless interest rate during this period, as measured by the yield on the 6-month U.S. Treasury bills, was approximately 5.15 percent per annum. If the current price of Company X is $71.50 per share, use the Black-Scholes model to calculate the value of a European call option on the stock of Company X with exercise price $65 per share, given that 3 months remain until the options maturity date.

LuckzBabee wrote: »

I had Algebra 2 in the 6th grade.