Is Black-Scholes Model An Appropriate Option Pricing Tool in Chinese Stock Market?

In order to further develop the derivative markets, the Chinese government has decided to launch stock options as soon as possible. The Black-Scholes formula has been the most commonly used option pricing model today. But is the Black-Scholes model an appropriate tool for pricing of Chinese stock op...

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Bibliographic Details
Main Author: Mao, Qing
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2007
Subjects:
Online Access:https://eprints.nottingham.ac.uk/21368/