PRMIA 8002 Question Answer
When calculating the implied volatility from an option price we use the bisection method and know initially that the volatility is somewhere between 1% and 100%. How many iterations do we need in order to determine the implied volatility with accuracy of 0.1%?
PRMIA 8002 Summary
- Vendor: PRMIA
- Product: 8002
- Update on: Jul 25, 2025
- Questions: 132
