<t>I have a european option. Underlying is IPE Brent (front contarct- so for every day the price is the price of the front line contarct - today is July). Expiry is 1/2/05. I have a forward curve for both the prices and the volatility of IPE Brent. If I want to use BS formula, should I use the promp...

What do u mean? For example Lets say that we have the following Call Option:S = 10K = 8Sigma = 10%T = 1Then C=2 (BS)How much is the volatility of the Call?

I have the following simple question: If the the volatility of an instrument (ie FTSE index) is sigma how much is the volatility of an vanilla (either call or put) )option on this instrument?

and what about imperial college?there is an MSc in Finance and one in Maths and Finance

Can you please tell me your views about CFA? If someone has an MSc in Finance does he really need the CFA? Which are the benefits of the CFA?Thank you

<t>not quite... I mean we say ie that Ftse is correlated with S&P and in fact we mean that the correlation between the returns of these 2 indices is high. Why dont we care about the correlation between the levels of these 2 indices? What is the meaning of the correlation of the returns vs the co...

Can you please tell me what is the difference between calculating the correlation between the prices of 2 assets and between the returns of the prices of these 2 assets?Thanks