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A Quick and Dirty Review of Binary Search Trees
A Quick and Dirty Review of Binary Search Trees

... Right. Key is the key of the item being stored at the node (which might also contain a record or pointer to a record associated with the key). Left and Right are pointers pointing to to the left/right children of the node. These fields contain NIL if the associated child doesn’t exist. A BST contain ...
Efficient Range Minimum Queries using Binary Indexed Trees
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... Suppose we need to update the array at index  p  with the value  v  (A [ p ] = v). We have to update all the tree nodes that have  p  in their subtree. We start from node p  in the first tree (Fig. 2.1) and climb the tree until we reach the root (an index greater than  N ). For each node  i  we pass ...
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... Throughout the chapter when it refers to an option -- it implies that you are considering the case of both put and call options. CALCULATIONS: Be able to present the profit diagram and/or payoff table from “complex” trading strategies (complex -- implies that it involves more than one option) Be abl ...
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... asked for a right of first refusal if the landlord should wish to sell at any time in the future. The right of first refusal must be in writing and signed by both parties. ...
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This PDF is a selection from a published volume from... Bureau of Economic Research

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Module A - Basics of Business Mathematics - Presentation

... • Issuer of the bonds pays interest to the purchaser for using his money. • Terms associated with bonds: Face value, Coupon rate, Maturity, Redemption value, Market value. • Face value and redemption value may be different but these are fixed and known. • Market value of the bond may be different fo ...
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Media:BinaryTrees

... 2. If node is a leaf, then unlink its parent 3. If node is a parent of one child, then link the node’s parent to the node’s child 4. If node is a parent of two children, then travel down its right subtree to find the left-most leaf (smallest value of the right subtree). Take the value and put it in ...
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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.
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