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Thread: "Upgrade certificates (GPUs & RPUs) are useless nowadays" {Archive}
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Old Dec 9, 2013, 7:10 am
  #9  
LarkSFO
 
Join Date: Sep 2010
Location: San Francisco Bay Area
Posts: 5,825
Originally Posted by mherdeg
Sure. They're a bit like "options".

I'd be delighted to see someone adapt the Black-Scholes calculation to compute the theoretical value of upgrade instruments.
Great, when you are in the money!
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