Transactions of the American Mathematical Society, Vol. 263, No. 2 (Feb., 1981), pp. 493-500 (8 pages) Let $\Delta'$ be the class of all derivatives. The main goal of this paper is the investigation ...
Derivatives are financial contracts whose value is derived from an underlying asset. This asset can be a stock, index, commodity, currency, or even interest rates. Instead of owning the actual asset, ...
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