Abstract
In this paper, we discuss the stock price model as Geometric Brownian motion.
After that, we obtain a closed form solution to the model using It^o's Lemma.
Moreover, we use this solution to derive the Black Scholes formula.
Primary Advisor
Ilya Shapiro
Program Reader
Mehdi Monfared
Degree Name
Master of Science
Department
Mathematics and Statistics
Document Type
Major Research Paper