E. A. Owoloko

Investigating the Imperfection of the B – S Model: A Case Study of an Emerging Stock Market

E. A. Owoloko & M. C. Okeke · Current Journal of Applied Science and Technology · 2014

The Black – Scholes (B-S) model is one of the widely used models in the pricing of financial option. The B-S model like most other models hinges on assumptions; one of which is the normality condition. A lot of researches have shown that using the log-return of developed market i...