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A binary call option is, at long expirations, similar to a tight call spread using two vanilla options. One can model the value of a binary cash-or-nothing option, C , at strike K , as an infinitesimally tight spread, where C v {\displaystyle C_{v}} is a vanilla European call: [ 1 ] [ 2 ]
A simple arithmetic calculator was first included with Windows 1.0. [6]In Windows 3.0, a scientific mode was added, which included exponents and roots, logarithms, factorial-based functions, trigonometry (supports radian, degree and gradians angles), base conversions (2, 8, 10, 16), logic operations, statistical functions such as single variable statistics and linear regression.
On a single-step or immediate-execution calculator, the user presses a key for each operation, calculating all the intermediate results, before the final value is shown. [ 1 ] [ 2 ] [ 3 ] On an expression or formula calculator , one types in an expression and then presses a key, such as "=" or "Enter", to evaluate the expression.
Often the call with the lower exercise price will be at-the-money while the call with the higher exercise price is out-of-the-money. Both calls must have the same underlying security and expiration month. If the bull call spread is done so that both the sold and bought calls expire on the same day, it is a vertical debit call spread.
A mean-preserving spread (MPS) is a change from one probability distribution A to another probability distribution B, where B is formed by spreading out one or more portions of A's probability density function while leaving the mean (the expected value) unchanged. [5] The concept of a mean-preserving spread provides a partial ordering of ...
Enjoy a classic game of Hearts and watch out for the Queen of Spades!
Since the precision of the two math packages was different, some IF statements resolved differently, and iterative calculations helped solve this problem. [ 1 ] Versions of SuperCalc were later released for the Apple II , IBM PC compatibles running MS-DOS , and, after Sorcim was bought by CA Technologies in 1985, for Microsoft Windows (under ...
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