FREE study note on LogNormal stock-price models

[Jim Daniel]

I re-wrote my 12-page sketch "Making sense of LogNormal stock-price models" (Geometric Brownian Motion) as used for Exams MFE/3 and C/4 and decided to make it available as a free pdf download from the Austin Study Notes section of my website http://www.actuarialseminars.com . It's primarily intended as background for C/4 takers who have not studied the MFE material C/4 assumes as background. If you think it might help you understand and compute with those models, help yourself.

Jim Daniel

[GoBolts]

Can you post a link? I can't seem to find it on your site.

[Jim Daniel]

Go to the site http://www.actuarialseminars.com . In the second paragraph, click on the Austin Study Notes link. At that page there is a link to download the file.

Jim Daniel

[GoBolts]

Thanks.

[GoBolts]

On page 12 I think there is a typo. Should the third to last line reference formula (1.24)?

[Jim Daniel]

Thanks, GoBolts. I've now fixed that.

Jim Daniel