• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Binary Search Trees A Generic Tree Binary Trees
Binary Search Trees A Generic Tree Binary Trees

... 2. similar to the search code but with a few twists 3. as you go keep two pointers : one to where you are ; one to where you have been ( to allow for a quick connection) 4. trace a path from the root to a null this locates where the node will go 5. what if there is no tree ? set this “new” node to b ...
Commentary - Prudential
Commentary - Prudential

Data Structures for Scenes, The Basics of Scene Graphs
Data Structures for Scenes, The Basics of Scene Graphs

... For example, in face.cpp, all object-drawing functions draw the object upright, centered at the origin, and fitting (roughly) within the square in which x & y lie between –1 and 1. ...
Demand-Based Option Pricing - Faculty Directory | Berkeley-Haas
Demand-Based Option Pricing - Faculty Directory | Berkeley-Haas

Chapter 18  - McGraw Hill Higher Education
Chapter 18 - McGraw Hill Higher Education

... election outcome on interest rates was a key point of differentiation between the parties. The Prime Minister, John Howard, and his Liberal–National Party Coalition Government campaigned under the slogan that re-electing them would ‘Keep interest rates low’. In addition, they ran advertisements show ...
資料結構: Data Structure
資料結構: Data Structure

... *Maintain a count in the p field of the roots as a negative number. *Count field: the number of nodes in that tree. ...
data structuer Lecture 1
data structuer Lecture 1

... • An array is a list of finite number n of similar data elements referenced respectively by a set of n consecutive numbers . • Arrays can have n dimensions • One-dimentional arrays are arrays in which each element is referenced by one subscript. • A two- dimentional array is a collection of similar ...
2.2 The Formal Set-Up
2.2 The Formal Set-Up

... Note that, if a linear pricing measure exists, by (2.7) and Definition 2.6, both the initial stock price and the initial value of any strategy are equal to the expectation under such probability measure of the final discounted stock price and of the final discounted value of the strategy, respective ...
Probability Measures in Financial Mathematics
Probability Measures in Financial Mathematics

... Each branch of the tree is complete, and so the tree as a whole is complete. Critical to this approach is that we have to specify the way the asset prices go from S0 to S1· and to S2· ; the asset price model completes an incomplete market. Change this model and we change the risk neutral probabiliti ...
Diversification
Diversification

... Derivatives are instruments based on the future, and therefore uncertain, price of another security, such as a share of stock, a government bond, a currency, or a commodity. Mutual funds are portfolios of investments designed to achieve maximum diversification with minimal cost through economies of ...
Stocks
Stocks

... Derivatives are instruments based on the future, and therefore uncertain, price of another security, such as a share of stock, a government bond, a currency, or a commodity. Mutual funds are portfolios of investments designed to achieve maximum diversification with minimal cost through economies of ...
Prudential Short Duration High Yield Income Fund
Prudential Short Duration High Yield Income Fund

... Used with permission. Source of default data: Moody’s as of 12/31/2016. Annualized returns and standard deviation for risk/return are based on indexes. Short duration, higher-rated high yield bonds are represented by the Bloomberg Barclays U.S. High Yield Ba/B 1–5 Year 1% Constrained Index, which re ...
Investors and Markets
Investors and Markets

... “futures”. This led to dealing in “puts” and “calls” as well as buying and selling on margins. … There was an era of sudden wealth, wild extravagance and inflated prices. … Good faith had been swamped by the delusion conjured up by dazzling visions of immediate wealth. “(the Panic of 1720 was) …due ...
printer-friendly
printer-friendly

... • (Recursively) do inorder traversal of left child • Then visit the (current) node • Then (recursively) do inorder traversal of right child Footnote: pre- and postorder make sense for all trees; inorder only for binary trees ...
Black-Scholes Formula
Black-Scholes Formula

... underlying asset (stock), the underlying option (stock option) and the compound option.  First, in domain Σ_2{0≤ S<∞,0 ≤ t ≤ T_2}, define the underlying option price, which can be given by the Black-Scholes formula, denoted as V(S,t). ...
Internal rate of return RAB – Regulated Asset Base
Internal rate of return RAB – Regulated Asset Base

... The cost of debt was estimated by Ofwat based on the cost of companies’ existing debt and an assessment of likely future debt costs. Debt costs were derived from yields on debt markets. Small companies were allowed a slightly higher cost of debt since small companies have access to less competitive ...
Multiple-Choice Quiz (with answer key)
Multiple-Choice Quiz (with answer key)

Version A Exam 2 SAMPLE Problems FINAN420
Version A Exam 2 SAMPLE Problems FINAN420

Introduction Treasury Bills
Introduction Treasury Bills

Market Risk - Finance Area Website
Market Risk - Finance Area Website

... ◦ The other solution is just to make up numbers. However, we want to do that in a reasonable way → Monte Carlo simulation ◦ We are going to generate observations such that the probability that they occur tomorrow is the same as the probability that they have occurred in the past ...
No Slide Title
No Slide Title

... customers or customers sampled with replacement ...
Studies on macroeconomics and uncertainty - Jultika
Studies on macroeconomics and uncertainty - Jultika

... there is a finite and typically small number of possible outcomes and all uncertainty related to a bet is typically resolved in a short period of time. This is in sharp contrast to e.g. stock market where the nature of uncertainty is less manageable, planning horizons of market participants vary and ...
SECTOR presentation FABGS
SECTOR presentation FABGS

Volatility Surfaces - 2.rotman.utoronto.ca
Volatility Surfaces - 2.rotman.utoronto.ca

... different from the initial volatility surface. For example, in the case of a foreign currency the initial U-shaped relationship between implied volatility and strike price is liable to evolve to one where the volatility is a monotonic increasing or decreasing function of strike price. Dumas, Fleming ...
Full text
Full text

... The double bar edges leading to nodes without a superscript indicate that none of the above theorems apply. In these cases the nodes were found using (4) . Note that there are only 3 such instances. On the other hand, the 16 superscripted nodes were found easily using the theorems indicated by the s ...
< 1 ... 132 133 134 135 136 137 138 139 140 ... 166 >

Lattice model (finance)



For other meanings, see lattice model (disambiguation)In finance, a lattice model [1] is a technique applied to the valuation of derivatives, where, because of path dependence in the payoff, 1) a discretized model is required and 2) Monte Carlo methods fail to account for optimal decisions to terminate the derivative by early exercise. For equity options, a typical example would be pricing an American option, where a decision as to option exercise is required at ""all"" times (any time) before and including maturity. A continuous model, on the other hand, such as Black Scholes, would only allow for the valuation of European options, where exercise is on the option's maturity date. For interest rate derivatives lattices are additionally useful in that they address many of the issues encountered with continuous models, such as pull to par.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report