{"text_format":"1","workbook":"xlsx","n_sheets":8,"sheets":["Title","Introduction","Basic","Advanced","Functions","Definitions","CCode","Subscription"],"not_rendered":{"charts":0,"images":0,"macros":1,"external_links":0,"defined_names":22,"comments":0,"pivot_tables":0},"unopened":[],"bounds":{"document_bytes":16777216,"sheet_cells":100000,"rows_first":2000,"rows_last":500,"rows_between":2000,"halvings":0,"cell_chars":16384,"cell_head_chars":4096},"cells_cut":0,"cells_raw":0,"read":"whole","date_system":"1900"}

{"sheet":"Title","index":0,"n_rows":17,"n_cols":1,"rows_kept":17,"cut":false,"hidden":false,"merged":[]}
[]
["FinTools® Azure"]
[]
["OPTIONS XL"]
["Binomial (C-R-R)"]
[]
["for"]
["Option Pricing,"]
["Risk Management"]
["and"]
["Financial Reporting"]
[]
["Release"]
["2021-06-16"]
[]
["Montgomery Investment Technology, Inc."]
["© 1989-2021"]

{"sheet":"Introduction","index":1,"n_rows":10,"n_cols":1,"rows_kept":10,"cut":false,"hidden":false,"merged":[]}
["Introduction"]
[]
["Valuation of Derivatives using FinTools Azure"]
[]
["This template allows the user to calculate the fair value of European-style call and put options using the Binomial option pricing"]
["model in the OptionsBin_Azure function."]
[]
["Please see the Basic, Advanced, and Functions tabs for use examples."]
[]
["The Definitions tab has detailed descriptions of all the inputs."]

{"sheet":"Basic","index":2,"n_rows":19,"n_cols":6,"rows_kept":19,"cut":false,"hidden":false,"merged":[]}
["OPTIONS XL Binomial: Azure",null,null,null,null,"Key to Input Arguments (basic)"]
[]
["  Input:","Call","Put"]
["Model (Iterations)",100.5,100.5]
["Type of Option",1,2]
["Function",1,1]
["Underlying Price",95,95]
["Exercise Price",100,100]
["Time to Expiration",75,75]
["Volatility",0.3,0.3]
["Interest Rate",0.05,0.05]
["Yield Rate",0.02,0.02]
[]
["  Output:"]
["OptionsBin",{"$f":"OptionsBin_Azure(B4,B5,B6,B7,B8,B9,B10,B11,B12,,,,,,,,,,Subscription!$C$4)","v":3.3529821386678016},{"$f":"OptionsBin_Azure(C4,C5,C6,C7,C8,C9,C10,C11,C12,,,,,,,,,,Subscription!$C$4)","v":7.8113334482423955}]
[]
["  Function:"]
["OptionsBin_Azure(Model, TypeOpt, Func, Underlying, Exercise, Time, Volatility, InterestRate, YieldRate,"]
["     ,,,,,,,,,SubcriptionKey)"]

{"sheet":"Advanced","index":3,"n_rows":30,"n_cols":6,"rows_kept":30,"cut":false,"hidden":false,"merged":[]}
["OPTIONS XL Binomial: Azure",null,null,null,null,"Key to Input Arguments (advanced)"]
[]
["  Input:",null,"Call","Call","Put","Put"]
["Model (Iterations)",null,100.5,100.5,100.5,100.5]
["Type of Option",null,"C","C","P","P"]
["Function (below)"]
["Underlying Price",null,95,95,95,95]
["Exercise Price",null,100,100,100,100]
["  Value Date",null,"2017-01-01","2017-01-01","2017-01-01","2017-01-01"]
["  Expiration Date",null,"2018-01-01","2018-01-01","2018-01-01","2018-01-01"]
["Time to Expiration",null,{"$f":"(C10-C9)","v":365},{"$f":"(D10-D9)/365","v":1},{"$f":"(E10-E9)","v":365},{"$f":"(F10-F9)/365","v":1}]
["Volatility",null,0.3,0.3,0.3,0.3]
["Interest Rate",null,0.05,0.05,0.05,0.05]
["Yield Rate",null,0,0,0,0]
["Market Option Price",null,9.2570898302588418,9.28626505670832,13.711497944762943,13.536480339730192]
["Dividend Amount",null,1,1,1,1]
["Time to Ex-Dividend",null,18,0.05,18,0.05]
["Dividend Period",null,91,0.25,91,0.25]
["Type of Rate",null,"BAB","BAB","BAB","BAB"]
["Time Basis",null,"D","Y","D","Y"]
["Time to Early Exercise",null,0,0,0,0]
["Repo Rate",null,{"$f":"C13","v":0.05},{"$f":"D13","v":0.05},{"$f":"E13","v":0.05},{"$f":"F13","v":0.05}]
["Method",null,0,1,0,1]
[]
["  Output:","Func","Hull","CRR","Hull","CRR"]
["Func",1,{"$f":"OptionsBin_Azure(C$4,C$5,$B26,C$7,C$8,C$11,C$12,C$13,C$14,C$15,C$16,C$17,C$18,C$19,C$20,C$21,C$22,C$23,Subscription!$C$4)","v":11.25754194809779},{"$f":"OptionsBin_Azure(D$4,D$5,$B26,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":2.0324575787423837E-4},{"$f":"OptionsBin_Azure(E$4,E$5,$B26,E$7,E$8,E$11,E$12,E$13,E$14,E$15,E$16,E$17,E$18,E$19,E$20,E$21,E$22,E$23,Subscription!$C$4)","v":12.120269221794125},{"$f":"OptionsBin_Azure(F$4,F$5,$B26,F$7,F$8,F$11,F$12,F$13,F$14,F$15,F$16,F$17,F$18,F$19,F$20,F$21,F$22,F$23,Subscription!$C$4)","v":5}]
[]
["  Function:"]
["OptionsBin_Azure(Model, TypeOpt, Func, Underlying, Exercise, Time, Volatility, InterestRate, YieldRate,"]
["     MarketOptionPrice, DivAmount, TimeExDiv, DivPeriod, TypeRate, TimeBasis, TimeToEarlyExer, RepoRate, Method, SubscriptionKey)"]

{"sheet":"Functions","index":4,"n_rows":56,"n_cols":5,"rows_kept":56,"cut":false,"hidden":false,"merged":[]}
["OPTIONS XL Binomial: Azure",null,null,null,"Key to Functions"]
[]
["  Input:",null,"Basic","Advanced"]
["Model (Iterations)",null,100.5,100.5]
["Type of Option",null,1,1]
["Function (below)"]
["Underlying Price",null,95,95]
["Exercise Price",null,100,100]
["  Value Date",null,"2017-03-01","2017-03-01"]
["  Expiration Date",null,"2019-03-01","2019-03-01"]
["Time to Expiration",null,{"$f":"(C10-C9)","v":730},{"$f":"(D10-D9)/365","v":2}]
["Volatility",null,0.3,0.3]
["Interest Rate",null,0.05,0.05]
["Yield Rate",null,0.03,0]
["Market Option Price",null,14.8,14.74]
["Dividend Amount",null,null,0.75]
["Time to Ex-Dividend",null,null,0.05]
["Dividend Period",null,null,0.25]
["Type of Rate",null,null,"BAB"]
["Time Basis",null,null,1]
["Time to Early Exercise",null,null,1]
["Repo Rate (same as Int Rate)",null,null,{"$f":"D13","v":0.05}]
["Method",null,null,1]
[]
["  Output:","Func"]
["Theoretical Value",1,{"$f":"OptionsBin_Azure(C$4,C$5,$B26,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":14.659969528771782},{"$f":"OptionsBin_Azure(D$4,D$5,$B26,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":17.897651397881116}]
["Delta",2,{"$f":"OptionsBin_Azure(C$4,C$5,$B27,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":0.54461765896515146},{"$f":"OptionsBin_Azure(D$4,D$5,$B27,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":0.62859228375890874}]
["Gamma",3,{"$f":"OptionsBin_Azure(C$4,C$5,$B28,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":9.2356664375018386E-3},{"$f":"OptionsBin_Azure(D$4,D$5,$B28,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":9.3267038454767602E-3}]
["Gamma (1% change)",3.01,{"$f":"OptionsBin_Azure(C$4,C$5,$B29,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":8.7738831156267457E-3},{"$f":"OptionsBin_Azure(D$4,D$5,$B29,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":8.860368653202921E-3}]
["Theta",4,{"$f":"OptionsBin_Azure(C$4,C$5,$B30,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":-1.1208758019240986E-2},{"$f":"OptionsBin_Azure(D$4,D$5,$B30,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":-1.6158388751154756E-2}]
["Vega",5,{"$f":"OptionsBin_Azure(C$4,C$5,$B31,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":0.49967604192726611},{"$f":"OptionsBin_Azure(D$4,D$5,$B31,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":0.50727735860576217}]
["Implied Volatility",6,{"$f":"OptionsBin_Azure(C$4,C$5,$B32,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":0.30280296154497977},{"$f":"OptionsBin_Azure(D$4,D$5,$B32,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":0.23804424045578557}]
["Implied Volatility (2 place(s))",6.2,{"$f":"OptionsBin_Azure(C$4,C$5,$B33,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":0.3},{"$f":"OptionsBin_Azure(D$4,D$5,$B33,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":0.23793750000000002}]
["Intrinsic Value",7,{"$f":"OptionsBin_Azure(C$4,C$5,$B34,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":0},{"$f":"OptionsBin_Azure(D$4,D$5,$B34,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":0}]
["Time Value",8,{"$f":"OptionsBin_Azure(C$4,C$5,$B35,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":14.659969528771782},{"$f":"OptionsBin_Azure(D$4,D$5,$B35,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":17.897651397881116}]
["Zero Volatility",9,{"$f":"OptionsBin_Azure(C$4,C$5,$B36,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":0.34500723129946631},{"$f":"OptionsBin_Azure(D$4,D$5,$B36,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":4.4093470947950566}]
["Delta 100's",12,{"$f":"OptionsBin_Azure(C$4,C$5,$B37,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":54.461765896515146},{"$f":"OptionsBin_Azure(D$4,D$5,$B37,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":62.859228375890872}]
["Lambda",13,{"$f":"OptionsBin_Azure(C$4,C$5,$B38,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":3.5294398017936905},{"$f":"OptionsBin_Azure(D$4,D$5,$B38,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":3.3367551785008667}]
["Theta (-7 Days)",14,{"$f":"OptionsBin_Azure(C$4,C$5,$B39,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":-7.815303231602222E-2},{"$f":"OptionsBin_Azure(D$4,D$5,$B39,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":-0.11260621257893888}]
["Rho",15,{"$f":"OptionsBin_Azure(C$4,C$5,$B40,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":0.6990705348481896},{"$f":"OptionsBin_Azure(D$4,D$5,$B40,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":0.83251003540283364}]
["Psi",16,{"$f":"OptionsBin_Azure(C$4,C$5,$B41,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":-0.95452904274990757},{"$f":"OptionsBin_Azure(D$4,D$5,$B41,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":-1.1904630639556046}]
["Strike Sensitivity",17,{"$f":"OptionsBin_Azure(C$4,C$5,$B42,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":-0.35917286282050043},{"$f":"OptionsBin_Azure(D$4,D$5,$B42,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":-0.40668708225055639}]
["Implied Strike",18,{"$f":"OptionsBin_Azure(C$4,C$5,$B43,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":99.610349352287528},{"$f":"OptionsBin_Azure(D$4,D$5,$B43,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":108.21657186630546}]
[]
["Bin: dt = t/n",50,{"$f":"OptionsBin_Azure(C$4,C$5,$B45,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":1.9801980198019802E-2},{"$f":"OptionsBin_Azure(D$4,D$5,$B45,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":1.9801980198019802E-2}]
["Bin: u = exp(v*sqrt(dt))",51,{"$f":"OptionsBin_Azure(C$4,C$5,$B46,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":1.0431196146201567},{"$f":"OptionsBin_Azure(D$4,D$5,$B46,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":1.0431196146201567}]
["Bin: d = 1/u",52,{"$f":"OptionsBin_Azure(C$4,C$5,$B47,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":0.9586628282933225},{"$f":"OptionsBin_Azure(D$4,D$5,$B47,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":0.9586628282933225}]
["Bin: r = exp(IR*dt)",53,{"$f":"OptionsBin_Azure(C$4,C$5,$B48,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":1.0009905893197308},{"$f":"OptionsBin_Azure(D$4,D$5,$B48,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":1.0009784035759115}]
["Bin: q = exp(YR*dt)",54,{"$f":"OptionsBin_Azure(C$4,C$5,$B49,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":1.000594235894176},{"$f":"OptionsBin_Azure(D$4,D$5,$B49,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":1}]
["Bin: a = exp(r*dt)",55,{"$f":"OptionsBin_Azure(C$4,C$5,$B50,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":1.0003961180379983},{"$f":"OptionsBin_Azure(D$4,D$5,$B50,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":1.0009784035759115}]
["Bin: p = (a-d)/(u-d)",56,{"$f":"OptionsBin_Azure(C$4,C$5,$B51,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":0.49413778998379965},{"$f":"OptionsBin_Azure(D$4,D$5,$B51,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":0.50103226896219488}]
["Bin: 1-p",57,{"$f":"OptionsBin_Azure(C$4,C$5,$B52,C$7,C$8,C$11,C$12,C$13,C$14,C$15,,,,,,,,,Subscription!$C$4)","v":0.50586221001620035},{"$f":"OptionsBin_Azure(D$4,D$5,$B52,D$7,D$8,D$11,D$12,D$13,D$14,D$15,D$16,D$17,D$18,D$19,D$20,D$21,D$22,D$23,Subscription!$C$4)","v":0.49896773103780512}]
[]
["  Function:"]
["OptionsBin_Azure(Model, TypeOpt, Func, Underlying, Exercise, Time, Volatility, InterestRate, YieldRate,"]
["     MarketOptionPrice, DivAmount, TimeExDiv, DivPeriod, TypeRate, TimeBasis, TimeToEarlyExer, RepoRate, Method, SubscriptionKey)"]

{"sheet":"Definitions","index":5,"n_rows":62,"n_cols":4,"rows_kept":62,"cut":false,"hidden":false,"merged":[]}
["OPTIONS XL Binomial Azure: Definitions"]
[]
["Function:"]
["OptionsBin_Azure(Model, TypeOpt, Func, Underlying, Exercise, Time, Volatility, InterestRate, YieldRate,"]
["     MarketOptionPrice, DivAmount, TimeExDiv, DivPeriod, TypeRate, TimeBasis, TimeToEarlyExer, RepoRate, Method, SubscriptionKey)"]
[]
["Input:","Example Args","Description","Comments"]
["Model",5,"Binomial","(minimum number of iterations)"]
[null,100.5,"Binomial","(typical number of iterations, using half-step)"]
[null,2500,"Binomial","(maximum number of iterations)"]
["Type of Option",1,"Call"]
[null,2,"Put"]
[null,100,"Straddle"]
[null,"C","Call"]
[null,"P","Put"]
[null,"S","Straddle"]
["Function","below","The output function setting"]
["Underlying Price",100,"The price of the underlying asset"]
["Exercise Price",100,"The price at which the asset can be purchased if a call or sold if a put"]
["Time to Expiration",90,"The time to expiration expressed as calendar days or a decimal fraction of a year"]
["Volatility",0.25,"The annualized volatility of the underlying asset price"]
[null,"40 to 60%","A two dimensional array with time in years as Column 1 and forward volatility as Column 2"]
["Interest Rate",0.05,"The risk-free interest rate expressed as a percentage"]
["Yield Rate",0.02,"The yield expressed as a percentage (dividends or interest rate) from the underlying asset"]
["Market Option Price",10,"The price of the option in the market place"]
["Dividend Amount",1,"The amount of the next dividend payment on an absolute, rather than percentage, basis"]
["Time to Ex-Dividend",15,"The time until the next ex-dividend date expressed in calendar days or years"]
["Dividend Period",90,"The time period, in days or fraction of a year, between ex-dividend dates"]
["Type of Rate","CCC","Continuous, Continuous, Continuous"]
["Time Basis",0,"Time inputs are expressed in days"]
[null,1,"Time inputs are expressed in years"]
["Time to Early Exercise",90,"The time until the start of early-exercise expressed in calendar days or years"]
["Repo Rate",0.05,"The interest rate (R2) used for financing the underlying asset in the binomial tree"]
["Method",0,"Binomial (Hull method: tree-adj discrete div) or OptionsBS (PV of div subtracted from underlying)"]
[null,1,"Binomial (C-R-R method) or OptionsBS (dividends converted into continuous yield)"]
[null,2,"Control Variate Hull binomial method"]
[null,3,"Control Variate Cox-Ross-Rubinstein binomial method"]
["Subscription Key",null,"The Subscription Key for FinTools Azure"]
[]
["Note: Input arguments shown in italics are optional arguments."]
[]
["Output:"]
[null,1,"Theoretical Value"]
[null,2,"Delta"]
[null,3,"Gamma"]
[null,3.01,"Gamma (1% change)"]
[null,4,"Theta"]
[null,5,"Vega"]
[null,6,"Implied Volatility"]
[null,6.2,"Implied Volatility (2 place(s))"]
[null,6.9,"Implied Volatility (9 place(s))"]
[null,7,"Intrinsic Value"]
[null,8,"Time Value"]
[null,9,"Zero Volatility"]
[null,12,"Delta 100's"]
[null,13,"Lambda"]
[null,14,"Theta (-7 Days)"]
[null,15,"Rho"]
[null,16,"Psi"]
[null,17,"Strike Sensitivity"]
[null,18,"Implied Strike"]
[null,"50-57","Partial results of binomial calculation"]

{"sheet":"CCode","index":6,"n_rows":9,"n_cols":2,"rows_kept":9,"cut":false,"hidden":false,"merged":[[0,0,0,1]]}
["Color Code used in FinTools Templates"]
[]
["Red","Input Cell"]
["Green","Intermediate Calculation or  Description"]
["Blue","FinTools Function Output Cell"]
[]
["Dark Blue","Text Label"]
["Black","FinTools Function and Arguments"]
["Dark Teal","Total Calculation"]

{"sheet":"Subscription","index":7,"n_rows":4,"n_cols":4,"rows_kept":4,"cut":false,"hidden":false,"merged":[]}
["FinTools Azure: Subscriptions"]
[]
["Module","Function","Subscription Key","Name"]
["ALL","All","5c1fecb42902487c9a5e1f6db0fa109d","All_Azure Key"]