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Saturated Adiabatic Lapse Rate

The lapse rate is defined as the rate at which atmospheric temperature decreases with increase in altitude. The terminology arises from the word lapse in ... more

Black-Scholes formula - value of a call option for a non-dividend-paying underlying stock

The Black–Scholes /ˌblæk ˈʃoʊlz/ or Black–Scholes–Merton model is a mathematical model of a financial market containing derivative investment instruments. ... more

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