SEBEHELA, TUMELLANO - In: Annals of Financial Economics (AFE) 09 (2014) 03, pp. 1450007-1
This paper illustrates a derivative of a derivative (i.e. "delta") of an exchange option in the U.S. real estate investment trust (REIT) industry. So far, it seems that there is no study that derives a "delta" of an exchange option using Laplace transform. First, the "delta" illustrates that...