Analytically Pricing Formula for Contingent Claim with Polynomial Payoff under ECIR Process
Contingent claims, such as bonds, swaps, and options, are financial derivatives whose payoffs depend on uncertain future real values of underlying assets which emphasize various real-world applications. In general, valuations for contingent claims can be derived from the conditional expectations of...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2022-05-01
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| Series: | Symmetry |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2073-8994/14/5/933 |