The value of a European call must be equal to a replicating portfolio that has two positions: long a fractional (delta) share of stock plus short a bond (where the bond = strike price). For more financial risk videos, visit our website! [ Ссылка ]
![](https://s2.save4k.ru/pic/bx9WvasBrxw/mqdefault.jpg)
The value of a European call must be equal to a replicating portfolio that has two positions: long a fractional (delta) share of stock plus short a bond (where the bond = strike price). For more financial risk videos, visit our website! [ Ссылка ]