1. © 2003 The McGraw-Hill Companies, Inc. All rights reserved. Option Valuation Chapter Twenty- Four

2. McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc. All rights reserved.

3. McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc. All rights reserved.

4. McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc. All rights reserved.

5. McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc. All rights reserved.

6. McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc. All rights reserved. FIGURE 24.1

7. McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc. All rights reserved. FIGURE 24.2

8. McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc. All rights reserved. FIGURE 24.3

9. McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc. All rights reserved. FIGURE 24.4