A simple approach to bond option pricing
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Wei, Jason Z.
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Article
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1997
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John Wiley and Sons
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English
β 335 KB
π 2 views
In the last 15 years or so, tremendous efforts and progress have been made in valuing interest rate sensitive derivative securities. Broadly speaking, two different approaches have been used. Some authors have modeled interest rates in an equilibrium setting and derived bond prices and other interes