Derived by economists Myron Scholes, Robert Merton, and the late Fischer Black, the Black-Scholes Formula is a way to determine how much a call optionis worth at any given time. The economist Zvi ...

Stanley Fischer served as First Deputy Managing Director of the International Monetary Fund from September 1994 to August 2001 and as Special Adviser to the Managing Director from September 1, 2001 ...