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(Analytic Formula for the European Normal Black Scholes Formula)

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Figure

Figure 1: Eurodollar future Call. The top graph is the price surface using Normal model with ’spot’ asthe scaling factor
Figure 2: Eurodollar future Call. The top graph is the price surface using Normal model with ’strike’ asthe scaling factor
Figure 3: Eurodollar future Call. The top graph is the price surface using Normal model with (’strike’ +’spot’)/2 as the scaling factor
Figure 4: Eurodollar future Call.The error showing the difference between The Lognormal model andNormal model with (’strike’ + ’spot’)/2 scaling

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