According to probability distribution of rates of return, a close outcome to an expected value is shown by
value distribution expected distribution more peaked distribution less peaked distribution
value distribution expected distribution more peaked distribution less peaked distribution
risk taking risk aversion market aversion portfolio aversion
receive in future received in past yearly growth semi-annual growth
size of portfolio size of industry size of market size of company
stock price is maximum option price is zero stock price is zero stock price is minimum
given and fixed not given and fixed not given and variable given and variable
identical and fixed returns risk free rate of interest fixed rate of interest risk free expected return
constant and randomly randomly and constant randomly and continuously continuously and randomly
dividends no dividends current price past price
short term cash proceeds proceeds in cheques full cash proceeds zero proceeds