The Black-Scholes and Heston Models for Option Pricing
Stochastic volatility models on option pricing have received much study following the discovery of the non-at implied surface following the crash of the stock markets in 1987. The most widely used stochastic volatility model is introduced by Heston (1993) because of its ability to generate volatilit...
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| Language: | en |
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2013
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| Online Access: | http://hdl.handle.net/10012/7541 |