SS10: r26: Q7: average price: page 193
the “average price” here quoted refer to the average price across simulated scenarios? I don’t get what it really refer to. Thanks.
i think they refer to the fact that you average the up and down, and thus are assuming the behavior on up and down is the same, while due to the curature of the line the 2 are not teh same, however very close the smaller the amount of change is…
keep the questions comming, we all learn from them, even if cant answer them
Agreed. Notice that it’s “average price change”.