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Baxter,Thanks for the Black-Scholes lead.As it is the first time...

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    Baxter,
    Thanks for the Black-Scholes lead.
    As it is the first time I have used the calculator, do you think 80% is a reasonable figure for annualized volatility?
    Seems to make a big difference to the result.
    No problem if you don't want to comment.
    Regards
    Dick
 
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