Peng, Bin; Peng, Fei - In: Journal of Economics, Finance and Administrative Science 21 (2016) 41, pp. 50-55
variance (CEV) model, a combining trinomial tree was structured to approximate the non-constant volatility that is a function … trinomial CEV model. Numerical results demonstrate the validity and the convergence of the approach mentioned above for the … different parameter values set in the trinomial CEV model. …