Dear Mr David,
Could you tell me how to solve the simultaneous equation in Black scholes Merton model to get the "V" and "sigma V" by using excel solver or any other methods. The simultaneous equation:
VE = V * N(d1) - X*EXP(-r*T)*N(d2)
sigmaE = (V/VE)*N(d1)*sigmaV
I am looking forward to seeing...
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