CFA Practice Question

There are 227 practice questions for this study session.

CFA Practice Question

In the BSM model, if d is greater than zero, we can conclude that N(d) is greater than ______.
A. 0
B. 0.5
C. 1
Explanation: N(x) is simply the standard normal cumulative distribution function. The standard normal distribution has a mean of 0. Half of the distribution is to the right side of the y-axis.

User Contributed Comments 0

You need to log in first to add your comment.