binomial option pricing _f-0943_外文电子书籍.pdfVIP

Darden Gra duate School of Business Administration UVA -F-0943 University of Virginia BINOMIAL OPTION PRICING Binomial option pricing is a simple but powerful technique that can be used to solve many complex option-pricing problems. In contrast to the Black-Scholes and other complex option-pricing models that require solutions to stochastic differential equations, the binomial option-pricing model (two- state option-pricing model) is mathematically simple. It is ba