Digital signal processing is an area of science and engineering that has been developed rapidly over the past years. This rapid development is the result of the significant advances in digital computer technology and integrated circuits fabrication. Many of the signal processing tasks...

An investment is a commitment of funds made in the expectation of some positive rate of return. A fundamental principle of investments is diversification, where investors diversify their investments into different types of financial assets. The different stocks can be clubbed in one portfolio....

In this article we include discrete dividends in the stock price model and solve a generalized portfolio optimization problem. For this, we develop a new discrete dividend model that allows for the possibility of early announcement and ensures that the drop of the stock price at the ex-dividend...