• 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
Lecture_12___Heaps_A.. - School of Computer Science
Lecture_12___Heaps_A.. - School of Computer Science

... Each parent is less than each of its children. Hence: Root is less than every other node. Proof by induction ...
(ETFs) and Corporate Bond Liquidity Abstract
(ETFs) and Corporate Bond Liquidity Abstract

Mortgage Choices and Housing Speculation
Mortgage Choices and Housing Speculation

Landscape Connectivity: A Graph
Landscape Connectivity: A Graph

estimating terminal value
estimating terminal value

the lecture notes from the Foundations of Computer Science module
the lecture notes from the Foundations of Computer Science module

Lally - The dividend growth model
Lally - The dividend growth model

B + -Tree Index Files
B + -Tree Index Files

... Delete the pair (Ki–1, Pi), where Pi is the pointer to the deleted node, from its parent, recursively using the above procedure. ...
Suffix Trees and their Applications
Suffix Trees and their Applications

ps - Carnegie Mellon School of Computer Science
ps - Carnegie Mellon School of Computer Science

... into a simpler form that is easier to understand. Tools, such as the CVM service [16] and the Grid Visualization Utility [8], allow scientists to query these datasets and discover features of interest in the data. For example, through the CVM service users generate images and explore the SCEC’s 3D C ...
Abstract Efficient Data Structures for Tamper-Evident Logging
Abstract Efficient Data Structures for Tamper-Evident Logging

... internal consistency requires scanning the full contents of the log. (See Section 3.4 for further analysis of this.) In the same manner, CATS [63], a network-storage service with strong accountability properties, snapshots the internal state, and only probabilistically detects tampering by auditing ...
CHAPTER 16
CHAPTER 16

Chapter 1: Introduction to Corporate Finance
Chapter 1: Introduction to Corporate Finance

Managing The Leverage Cycle
Managing The Leverage Cycle

... • Not clear in model whether leverage went up or down in crisis. Not distinguishing between old loans debt/equity measure of leverage vs new loans. • Couldn’t have been used to predict crisis or to explain how big it became • Models after the fact that calibrate crisis do not identify the shocks tha ...
Chapter 5
Chapter 5

pptx
pptx

... put new element at front – O(1) – poll() must search the list – O(n) – peek() must search the list – O(n) • Maintain as ordered list – add() must search the list – O(n) – poll() min element at front – O(1) – peek() O(1) Can we do better? ...
Optimal Time-Consistent Macroprudential Policy
Optimal Time-Consistent Macroprudential Policy

... that higher leverage can cause a Fisherian asset price deflation in bad times. The second feature implies that the regulator’s optimal policy is time-consistent, in contrast with the time-inconsistent policy chosen by a regulator acting under commitment. Under commitment, we show that if the collat ...
Managing a Matching Adjustment Portfolio
Managing a Matching Adjustment Portfolio

... within MA portfolios is strictly for the purposes of good risk management”. This clarification is still subject to interpretation. Clearly, selling assets to rebalance a portfolio back to adequate levels of matching, or back to within a targeted credit rating mix, could be considered ‘good risk mana ...
The Buffer Tree
The Buffer Tree

... Sorting. We develop a simple linear space dynamic tree structure (the buffer tree) with operations insert, delete, and write. We prove amortized I/O bounds of O((logm n)/B) on the first two operations and O(n) on the last. Note that (logm n)/B < 1 for all practical values of M, B, and N , and insert ...
Financial Contracting and the Choice between Private Placement
Financial Contracting and the Choice between Private Placement

Debt Valuation, Renegotiation, and Optimal Dividend Policy
Debt Valuation, Renegotiation, and Optimal Dividend Policy

interest rate swaps - McGraw Hill Higher Education
interest rate swaps - McGraw Hill Higher Education

Interest Rate Derivatives – Fixed Income Trading Strategies
Interest Rate Derivatives – Fixed Income Trading Strategies

... of the fixed income derivatives traded on Eurex. You will be asked a variety of questions based on the brochure “Interest Rate Derivatives – Fixed Income Trading Strategies”. The answers should familiarize you with this particular market segment and enhance your understanding of the contracts traded ...
1) Determine if each lease is an operating or a capital lease. 2) For
1) Determine if each lease is an operating or a capital lease. 2) For

CHAPTER 5 INTRODUCTION TO VALUATION: THE TIME VALUE
CHAPTER 5 INTRODUCTION TO VALUATION: THE TIME VALUE

< 1 ... 18 19 20 21 22 23 24 25 26 ... 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