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Persistent link: https://www.econbiz.de/10007613081
The Black-Scholes-Merton option valuation method involves deriving and solving a partial differential equation (PDE). But this method can generate multiple values for an option. We provide new solutions for the Cox-Ingersoll-Ross (CIR) term structure model, the constant elasticity of variance...
Persistent link: https://www.econbiz.de/10012715857
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