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- UID
- 592686
- 帖子
- 14
- 主题
- 1
- 注册时间
- 2013-10-17
- 最后登录
- 2015-5-27
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Level II Derivatives Part
| Ever since I started reading CFA level II curriculum derivatives part, I just do not understand why they do not use continuous compound in derivates pricing, no matter in the cases of futures pricing or the binomial option pricing. I do think in some cases, if you convert the calculation process into continuous compound, thins will get a lot easier and the models and formulas you write will make a lot sense. And you can get the correct result! |
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发表于 2013-10-20 08:34
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