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Black Scholes Turns 50

Alpha Exchange

CHAPTER

Introduction

Dean Krenut: Macromines 2023 Charitable Investment Symposium held June 7th in New York City. More than 225 attendees gathered to collaborate and support three beneficiaries. 25 years ago, the CBOE was launched enabling the trading of single stock options. In 1973, Fisher Black and Myron Scholes would publish their groundbreaking paper The Pricing of Options and Corporate Liabilities.

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