MATH 4514 Financial Economics in Actuarial Science: Lecture Note 3 -Continuous time options pricing model: Black-Scholes formulation | The Hong Kong University of Science and Technology
MATH 4514 Financial Economics in Actuarial Science: Lecture Note 3 -Continuous time options pricing model: Black-Scholes formulation | The Hong Kong University of Science and Technology
Introduction
In previous chapter, we consider a multi-period binomial tree model to
simulate the price movement...