When calculating the implied volatility from an option price we use the bisection method and know initially that the vol
Posted: Fri Aug 26, 2022 10:03 am
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%?
A. 10
B. 100
C. 25
D. 5
A. 10
B. 100
C. 25
D. 5