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Old 08-07-2011, 03:31 PM   #618
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<strong>Blue Book, The</strong> – Department of Education manual providing guidance to school business office personnel who handle fiscal recordkeeping, accounting, and reporting functions for the federal Title IV student financial aid programs. The most recent edition is dated October 2005 and may be retrieved from the IFAP website (http://www.ifap.ed.gov/bbooks/102005BlueBook.html).
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<strong>Financial Assistance and Outreach Group</strong> – The division within the MDHE that administers Missouri' s state aid programs, such as the Charles Gallagher Student Financial Assistance Program.
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Black-Scholes option pricing model (D4, G1)<br />A formula for calculating the value of a call or put EUROPEAN OPTION. This form of pricing takes into account the stock price, exercise price, risk-free interest rate, time to expiry and the standard deviation of the stock return.<br /> <br /><em>Reference</em><br />Black, F. and Scholes. M. (1972) 'The Valuation of Option Pricing Contracts and a Test of Market Efficiency', Journal of Financial Economics 27: 339-418.<br /> - (1973) 'The pricing of options and corporate liabilities', Journal of Political Economy 81: 637-57.

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