We investigate an American exchange option (AEO) pricing problem. Under the perfect market assumption, an AEO pricing problem can be modeled as a free boundary problem (FBP). The FBP is converted into ...

NCERT Solutions for Class 10 Maths Chapter 3, Pair of Linear Equations in Two Variables: Practicing NCERT questions will help students build their understanding and problem-solving skills. These ...

CBSE 2024-25 Competency Based Questions With Answers: The Central Board of Secondary Education (CBSE) is a national level education body. It has released the competency-based practice questions for ...

We develop a new solution method for a broad class of discrete-time dynamic portfolio choice problems. The method efficiently approximates conditional expectations of the value function by using (i) a ...