The Bjerksund-Stensland model is a key method for pricing American options. It helps investors determine optimal times for exercising options with dividends considered.

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including ...

A collar agreement is a financial strategy to manage risk by setting a range within which key financial variables can fluctuate, ensuring predictable outcomes.

New York is expensive — it’s true. But on any given day, you can enjoy art without spending a dime. Some museums offer free admission every day or on specific days. Others, like the Metropolitan ...