Question

. Which of the following best describes Rho a, Delta C / Delta V b. Delta...

. Which of the following best describes Rho

a, Delta C / Delta V

b. Delta C / Delta R

c. Delta T / Delta S

d. Delta T / Delta R

e. None of the above

PLEASE EXPLAIN YOUR CHOICE

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Answer #1

Rho is the change in call value with respect to change in interest rate

Delta C / Delta R

This represents change in C w.r.t. change in R

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