CFA Practice Question

There are 227 practice questions for this study session.

CFA Practice Question

The range of a call delta for a non-dividend-paying stock is ______
A. (0, 1)
B. (-1, 1)
C. (-1, 0)
Explanation: The range of a call delta is 0 and e-δT N(d1). For a non-dividend-paying stock, δ is 0, so e-δT becomes e0 = 1. N(d1) is between 0 and 1.

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