This is a preview. Log in through your library . Abstract A random variable (r.v.) which is an invertible function of a uniformly distributed r.v. may be studied through its connection to the uniform ...

This chapter explains how to evaluate the implied volatility function in a computationally efficient manner for the widest range of option prices. The Black‐Scholes formula defines an invertible ...

In the Introduction to the Derivative video we introduce the notion of the derivative of a function and explain how the derivative captures the instantaneous rate of change of a function. In the ...