A comparative study of call option pricing prior to Black Scholes: Selection of Optimum model for the Islamic capital market of the Islamic Republic of Iran
Abstract
The paper discusses Black Scholes model and the role of the interest rate in that model for a call option pricing to show the role of the interest rate has been to cover all risks. The paper compares Black Scholes model with Samuelson Sprenkel model and has shown that either of the two models may be used for an Islamic capital market where the rate of interest does not play any role.
(2014). A comparative study of call option pricing prior to Black Scholes: Selection of Optimum model for the Islamic capital market of the Islamic Republic of Iran. Economic Strategy, 3(11), -.
MLA
. "A comparative study of call option pricing prior to Black Scholes: Selection of Optimum model for the Islamic capital market of the Islamic Republic of Iran". Economic Strategy, 3, 11, 2014, -.
HARVARD
(2014). 'A comparative study of call option pricing prior to Black Scholes: Selection of Optimum model for the Islamic capital market of the Islamic Republic of Iran', Economic Strategy, 3(11), pp. -.
VANCOUVER
A comparative study of call option pricing prior to Black Scholes: Selection of Optimum model for the Islamic capital market of the Islamic Republic of Iran. Economic Strategy, 2014; 3(11): -.
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