摘要
The numerical computation of real option value is very important in the evaluating of venture investment.We develops a trinomial tree pricing model of the real option,proves that the equation of real option value under trinomial tree model is approximate to Black-Scholes equation.It is obvious that trinomial model is excelled than binomial tree model in precision and calculation from an example.
The numerical computation of real option value is very important in the evaluating of venture investment. We develops a trinomial tree pricing model of the real option, proves that the equation of real option value under trinomial tree model is approximate to Black-Scholes equation.It is obvious that trinomial model is excelled than binomial tree model in precision and calculation from an example.
出处
《统计研究》
CSSCI
北大核心
2005年第11期25-28,共4页
Statistical Research
