Early Exercise Premium2009外文翻译.pdfVIP

The Early Exercise Premium for the American Put under Discrete Dividends Göttsche, O.E.1 Vellekoop, M.H. 1,2 March 11, 2009 Abstract We derive an integral equation for the early exercise boundary of an American put option under Black-Scholes dynamics with discrete dividends at fixed times during the lifetime of the option. Our result is a generalization of the results