個案資料
了解個案內容與學習目標，選擇授課教師及使用課程。
Ito's Dilemma
內容大綱
This case introduces students to the concepts of option valuation and asks them to estimate option prices using the Black-Scholes pricing model. It illustrates the importance of volatility to option pricing and allows the introduction of the concept of implied volatility. The case is used most effectively in sequence with "Ito's Delight" (UVA-F-1333) to introduce option-pricing concepts. Different versions of this teaching plan have been successfully used for both MBA and executive-education audiences.