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quarto-dev
GitHub Repository: quarto-dev/quarto-cli
Path: blob/main/tests/docs/crossrefs/equations.qmd
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---
title: Equations Test
---

Black-Scholes (@eq-black-scholes) is a mathematical model that seeks to explain the behavior of financial derivatives, most commonly options:

$$
\frac{\partial \mathrm C}{ \partial \mathrm t } + \frac{1}{2}\sigma^{2} \mathrm S^{2}
\frac{\partial^{2} \mathrm C}{\partial \mathrm C^2}
  + \mathrm r \mathrm S \frac{\partial \mathrm C}{\partial \mathrm S}\ =
  \mathrm r \mathrm C 
$$ {#eq-black-scholes}