Multivariate Monte-Carlo Simulation and Economic Valuation of Complex Financial Contracts: An Excel Based Implementation.
The economic valuation of complex financial contracts is often done using Monte-Carlo simulation. We show how to implement this approach using Excel. We discuss Monte-Carlo evaluation for standard single asset European options and then demonstrate how the basic ideas may be extended to evaluate opti...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
McMaster University
2014-03-01
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| Series: | Spreadsheets in Education |
| Subjects: | |
| Online Access: | http://epublications.bond.edu.au/ejsie/vol7/iss2/5 |