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To: marcos who wrote (59450)5/10/2008 1:51:57 PM
From: marcos  Respond to of 78403
 
canadianwarrants.com - updated now, one-month volatility went to 39.6% from 32.0%, fair market value to 3.90 from 2.37 ... both figures unrealistic imho, 3.90 too high in the short run because it reduces leverage to two times common, 2.37 too low really when you consider nine years time ... but it seems to show how that Black-Scholes stuff works, likely gives more weight to upward change in volatility due to the long dating ... ? - i guess