Showing 1 - 1 of 1
Black-Scholes formula and standard binomial trees can only accommodate one related European option which then effectively … specifies the volatility parameter. Implied binomial trees can accommodate only related European options with the same time …-to-expiration. The generalized binomial trees introduced here can accommodate any kind of related options (European, American, or exotic …
Persistent link: https://www.econbiz.de/10005835695