Audit report on the City of Walker, Iowa for the year ended June 30, 2010

Audit report on the City of Walker, Iowa for the year ended June 30, 2010

Audit report on the City of Independence, Iowa for the year ended June 30, 2010

Audit report on the City of Independence, Iowa for the year ended June 30, 2010

Audit report on the City of Wellman, Iowa for the year ended June 30, 2010

Audit report on the City of Wellman, Iowa for the year ended June 30, 2010

Audit report on Greene County, Iowa for the year ended June 30, 2010

Audit report on Greene County, Iowa for the year ended June 30, 2010

Audit report on the City of Atkins, Iowa for the year ended June 30, 2010

Audit report on the City of Atkins, Iowa for the year ended June 30, 2010

Audit report on the Northeast Iowa Schools Insurance Trust for the year ended June 30, 2010

Audit report on the Northeast Iowa Schools Insurance Trust for the year ended June 30, 2010

Audit report on the Disaster Grants – Public Assistance program of the City of Oakville, Iowa for the year ended June 30, 2009

Audit report on the Disaster Grants – Public Assistance program of the City of Oakville, Iowa for the year ended June 30, 2009

Audit report on the City of Oakville, Iowa for the year ended June 30, 2010

Audit report on the City of Oakville, Iowa for the year ended June 30, 2010

Audit report on Mid-Iowa School Improvement Consortium, Carlisle, Iowa for the year ended June 30, 2010

Audit report on Mid-Iowa School Improvement Consortium, Carlisle, Iowa for the year ended June 30, 2010

Audit report on the City of Palo, Iowa for the year ended June 30, 2010

Audit report on the City of Palo, Iowa for the year ended June 30, 2010

Audit report on the City of Olin, Iowa for the year ended June 30, 2010

Audit report on the City of Olin, Iowa for the year ended June 30, 2010

Audit report on the City of Stockton, Iowa for the year ended June 30, 2010

Audit report on the City of Stockton, Iowa for the year ended June 30, 2010

Option valuation as an expectation in the complex domain: The Black-Scholes case

It is very well known that the first succesful valuation of a stock option was done by solving a deterministic partial differential equation (PDE) of the parabolic type with some complementary conditions specific for the option. In this approach, the randomness in the option value process is eliminated through a no-arbitrage argument. An alternative approach is to construct a replicating portfolio for the option. From this viewpoint the payoff function for the option is a random process which, under a new probabilistic measure, turns out to be of a special type, a martingale. Accordingly, the value of the replicating portfolio (equivalently, of the option) is calculated as an expectation, with respect to this new measure, of the discounted value of the payoff function. Since the expectation is, by definition, an integral, its calculation can be made simpler by resorting to powerful methods already available in the theory of analytic functions. In this paper we use precisely two of those techniques to find the well-known value of a European call

Audit report on the Department of Corrections for the year ended June 30, 2010

Audit report on the Department of Corrections for the year ended June 30, 2010

Audit report on the Iowa College Student Aid Commission for the year ended June 30, 2010

Audit report on the Iowa College Student Aid Commission for the year ended June 30, 2010