Stochastic simulation and applications in finance with MATLAB programs / Huu Tue Huynh, Van Son Lai and Issouf Soumare
Material type:
- 332.0151923 HUY 22
Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
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Calcutta | 332.0151923 HUY (Browse shelf(Opens below)) | Available | IIMC-C125968 |
The book takes readers through the basic concepts, covering the most recent research and problems in the area, including: the quadratic resampling technique, the Least Squared Method, the dynamic programming and Stratified State Aggregation technique to price American options, the extreme value simulation technique to price exotic options and the retrieval of volatility method to estimate Greeks. The authors also present modern term structure of interest rate models and pricing swaptions with the BGM market model, and give a full explanation of corporate securities valuation and credit risk based on the structural approach of Merton.
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