--%>

Problems with real probabilities to price derivatives

What are the main problems with real probabilities to price derivatives?

E

Expert

Verified

Two main problems are there with it.
1. You need to be capable to measure real probabilities.
2. You need to decide on a measure of risk aversion or a utility function.

   Related Questions in Financial Management

  • Q : Important factors during implementing

    Which factors are important when implementing a Monte Carlo Method?

  • Q : Who explain short-term interest rate by

    Who illustrated short-term interest rate through a stochastic differential equation?

  • Q : International and domestic financial

    Describe difference between international financial management and domestic financial management?There are three major dimensions which set apart international finance from domestic finance as 1. Foreign exchange & political risks,

  • Q : Example of Risk-Neutral Valuation Work

    A stock whose value is now $44.75 is growing on average by 15 percent per annum. Its volatility is 22 percent. The interest rate is 4 percent. You need to value a call option along with a strike of $45, expiring in two months’ time. So, what can you do?

  • Q : Time value of money You are trying to

    You are trying to save to buy a new $150,000 Ferrari. You have $40,000 today that can be invested at your bank. The bank pays 5.5% annual interest rate on its accounts. How long will it be before you have enough to buy the car?

  • Q : Considerations of theory of comparative

    What considerations might restrict the extent on which the theory of comparative advantage is realistic?Originally the theory of comparative advantage was advanced by the nineteenth century economist David Ricardo as an explanation for why natio

  • Q : Explain the denotation a utility

    Explain the denotation a utility function and how it can vary between investors?

  • Q : Illustrates an example of Poisson

    Illustrates an example of Poisson Process?

  • Q : Coefficient of variation is a better

    Elaborate the statement: Coefficient of variation is a better risk calculator to use than the standard deviation when estimating the risk of capital budgeting projects.

  • Q : Additional Fund Needed what happens to

    what happens to company when additional fund is not required?