第8讲：二叉树期定价模型.pdfVIP

1 第8讲：二叉树期权定价模型 Binomial Model Outline • 无风险证券组合Riskless Portfolio •二叉树期权定价模型Binomial Model • 风险中型定价Risk Neutral Valuation •二叉树期权定价模型的实际应用Binomial Approximation Binomial Trees and Option Valuation 2 Lecture 7: Binomial Model Outline A method of option pricing in which • Riskless Portfolio （无风险组合）the time to maturity is divided into many • Binomial Model （二叉树模型） short intervals or steps. Asset prices over