Viegas, Christina; Azevedo-Pereira, José - In: International Journal of Financial Studies : open … 8 (2020) 4/62, pp. 1-10
This study develops a quasi-closed-form solution for the valuation of an American put option and the critical price of the underlying asset. This is an important area of research both because of a large number of transactions for American put options on different underlying assets (stocks,...