Dhiensiri, Nont; Essayyad, Musa - In: International Journal of Financial Services Management 3 (2008) 3/4, pp. 335-342
The option pricing model has widespread applications related to both financing and investing decisions in financial as well as commodity markets. However, the Black-Scholes option pricing model is not a user-friendly numerical method and it is often very complicated for students to understand....