The Bjerksund-Stensland model is a key method for pricing American options. It helps investors determine optimal times for exercising options with dividends considered.

BYROW replaces thousands of table formulas with one spill formula, making spreadsheets leaner and much more robust.

Earnings before interest and taxes (EBIT) indicate a company's profitability and are calculated as revenue minus expenses, excluding taxes and interest expenses.

Australia extended their lead at the top of the World Test Championship (WTC) points table following their win in the fifth Ashes Test match against England on Thursday. The Steve Smith-led side ...