W, Hill John; Sreenivas, Kamma; Yassir, Karam - In: Journal of Business Valuation and Economic Loss Analysis 3 (2008) 1, pp. 1-44
The need to value complex options containing reload features is becoming increasingly more common as such options become more proliferate. Traditionally, two types of valuation methods have been used: the intrinsic method and closed-form models, such as Black-Scholes. These methodologies...