If u equals the quantity (1+ upside change), then the quantity (1 + downside change) is equal to:
A. u
B. 1/u
C. 1/u
D. none of the above.
Answer:C
If u equals the quantity (1+ upside change), then the quantity (1 + downside change) is equal to:
A. u B. 1/u C. 1/u D. none of the above.