John Hull Quotes

If each of your time steps is one week long, you are not modeling the stock price terribly well over a one-week time period, because you are saying that there are only two possible outcomes.

 
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  • Born: March 5, 1946
  • Nationality: American
  • Profession: Director

John C. Hull is a Professor of Derivatives and Risk Management at the Rotman School of Management at the University of Toronto.