Describe and appraise the intrinsic value and time value of an option, as well as its determinants.
1. Describe and appraise the intrinsic value and time value of an option, as well as its determinants. 2. Value and discuss options using the Binomial Option Pricing Model. 3. Value and discuss options using the Black-Scholes Option Pricing Model 4. Appraise the use of option Greeks 5. Value futures contracts and swaps Finance