Stochastic modelling in finance and Monte Carlo simulations with R.Part A: Finance options
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    Abstract:

    The aim of this series articles is to help more persons to know options and other financial derivatives.We will introduce several classical models for the behavior of the asset price in the field of financial mathematics systematically,then give the method of computing the option values from the point of mathematics and computer simulations.This paper introduce the definitions of European options and their study necessity,give the interpretation of the relevant financial names and estimate the option bounds.

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MAO Xuerong, LI Xiaoyue. Stochastic modelling in finance and Monte Carlo simulations with R. Part A: Finance options[J]. Journal of Nanjing University of Information Science & Technology,2015,7(1):24-30

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History
  • Received:September 13,2014
  • Online: February 12,2015
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