Black-Scholes Option- Valuation Model Definition | Becker
Accounting Dictionary
Black-Scholes Option- Valuation Model
A model for pricing options in which the value of an option depends on (1) the value of the underlying asset; (2) the time to expiration of the option; (3) the exercise price; (4) the volatility of the underlying asset; and (5) the risk-free rate or time value of money.