Black scholes model -put option value

CFA Level I
#1

How to find N(-D1),N(-D2) value?Cumulative area left to z score or area right to z score ,which will we need to consider?

#2

I’m sure the magician can give you the definitive answer, but if you’re asking how to do this in the exam, I believe the answer is you won’t have to.

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#3

In the real world, you’ll use Excel: NORM.S.DIST(d_1,1).

On the exam, you won’t have to do it.

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#4

Correct on both counts!

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