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<p>"MR. STEPHENSON'S LETTER ON THE VALUE OF OPTIONS" is an article from &lt;a href="/search.php?query=collection%3Ajstor_jinstact%20AND%20volume%3A13" rel="nofollow"&gt;Journal of the Institute of Actuaries (1866-1867), Volume 13&lt;/a&gt;.</p> <p>View more articles from &lt;a href="/search.php?query=collection%3Ajstor_jinstact" rel="nofollow"&gt;Journal of the Institute of Actuaries (1866-1867)&lt;/a&gt;.<br>View &lt;a href="<a rel="nofollow" class="external free" href="http://www.jstor.org/stable/10.2307/41134482">http://www.jstor.org/stable/10.2307/41134482</a>" rel="nofollow"&gt;this article on JSTOR&lt;/a&gt;.<br>View &lt;a href="/download/jstor-41134482/10.2307_41134482.xml" rel="nofollow"&gt;this article's JSTOR metadata&lt;/a&gt;.<br></p><p>You may also retrieve all of this items metadata in JSON at the following URL: &lt;a href="<a rel="nofollow" class="external free" href="https://archive.org/metadata/jstor-41134482">https://archive.org/metadata/jstor-41134482</a>" rel="nofollow"&gt;<a rel="nofollow" class="external free" href="https://archive.org/metadata/jstor-41134482">https://archive.org/metadata/jstor-41134482</a>&lt;/a&gt;</p>
<br>Subjects:</div>
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H. AMBROSE SMITH</div>
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