Tuesday, March 27, 2007

A Brief History of Derivatives

Prepping for class I stumbled upon this. It is grear! LOL...A Brief History of Derivatives: "To start we need to go back to the Bible. In Genesis Chapter 29, believed to be about the year 1700 B.C., Jacob purchased an option costing him seven years of labor that granted him the right to marry Laban's daughter Rachel. His prospective father-in-law, however, reneged, perhaps making this not only

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