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I know of some numerical instability and a faulty or inefficient implementation of the normal distribution formulas (NORM.INV, I believe). Was a while back when
by jevgeni 7y ago
I know of some numerical instability and a faulty or inefficient implementation of the normal distribution formulas (NORM.INV, I believe). Was a while back when I ran into this, so can't give more details.
That being said, basic financial modelling in Excel is killer.