DE SCHEPPER, Ann; GOOVAERTS, Marc; DHAENE, Jan; KAAS, Rob; … - Faculteit Toegepaste Economische Wetenschappen, … - 2001
The distribution of the present value of a series of cash flows under stochastic interest rates has been investigated by many researchers. One of the main problems in this context is the fact that the calculation of exact analytical results for this type of distributions turns out to be rather...