GATT’s Successes and Failures

3 pages | 720 words

This essay discusses the successes and failures of the General Agreement on Tariffs and Trade (GATT) and argues that the need for a new organization, the World Trade Organization (WTO), became evident as GATT started to fail in achieving its objectives.

Assessment Report

The Black-Scholes Pricing Model: How Delta, Gamma, and Vega Affect the Price of Options

2 pages | 320 words

The Black-Scholes pricing model is used today by traders to estimate the prices of options in the market. This is illustrated by the use of delta, gamma, and vega. These are the six factors that affect the option price, which will be discussed in this essay.