Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10011800538
In this paper, a general binomial lattice framework, which is both computationally simple and numerically accurate, is developed for pricing real estate derivatives with stochastic interest rate. To obtain a computationally simple binomial tree with constant volatility, the transformation method...
Persistent link: https://www.econbiz.de/10012946171
Persistent link: https://www.econbiz.de/10012223691