Valuation of Agricultural Commodity in an Unstructured Nigerian Market Using Black-Scholes’ Model
Onyegbuchulem Chialuka Adline, Nwobi Felix Noyanim & Onyegbuchulem Besta Okey · Asian Journal of Probability and Statistics · 2020
This paper investigates the pricing accuracy of the Black-Scholes’ model in an unstructured over-the-counter Nigerian agricultural commodity market. Rice prices were valued using the Black-Scholes’ equation. The model’s predicted prices were compared with the market observed pric...
Open access
Research Article
10.9734/ajpas/2020/v9i230225