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Numerical Method (1): Monte Carlo Simulation

  • Raymond H. Chan,
  • Yves ZY. Guo,
  • Spike T. Lee,
  • Xun Li

摘要

Risk-neutral pricing analysis suggests that the European option price is the expectation of discounted payoff under \({\widetilde {\mathbb {P}}}\) , \( V_0={\widetilde {\mathbb {E}}}[e^{-rT} V_T]. \)