What was the original Black-Scholes-Merton model designed to value?
A. A European option on a stock providing no dividends
B. A European or American option on a stock providing no dividends
C. A European option on any stock
D. A European or American option on any stock
A
The original Black-Scholes-Merton model was designed to value a European option on a stock paying no dividends .
Business
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