Merton’s theory is ___________
A . Of continuous time finance
B . a link from Arrow-Debreu world to real world
C . about dynamic replication
D . All of the above
Answer: D
Merton’s theory is ___________
A . Of continuous time finance
B . a link from Arrow-Debreu world to real world
C . about dynamic replication
D . All of the above
Answer: D