View the Appendices below.

• Appendix 5.A: Taxes and the Forward Price
• Appendix 9.B: Algebraic Proofs of Strike-Price Relations
• Appendix 17.A and 17.B: Calculation of Optimal Time to Drill and Oil Well and The Solution with Shutting Down and Restarting
• Appendix 18.B: Constructing a Normal Probability Plot
• Appendix 19.A: Formulas for Geometric Average Options
• Appendix 21.C: Solutions for Prices and Probabilities