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Analytical valuation of barrier interest rate options under market models

Authors :
Wu, Ting-Pin
Chen, Son-Nan
Source :
Journal of Derivatives. Fall, 2009, Vol. 17 Issue 1, p21, 17 p.
Publication Year :
2009

Abstract

Barrier caps, floors, and swaptions are priced in a closed form via the time-changed technique under the market models. The parameters of the resulting formulas can be easily extracted from [...]

Details

Language :
English
ISSN :
10741240
Volume :
17
Issue :
1
Database :
Gale General OneFile
Journal :
Journal of Derivatives
Publication Type :
Academic Journal
Accession number :
edsgcl.208110216