“Yes, our tree has an interesting shape. The center branches reflect the shape of the zero curve. When extreme parts of the tree are reached the branching pattern changes to accommodate the mean reversion.Quote by John HullTopics: Quotes about John HullShare on:FacebookPinterestWhatsApp
The real challenge was to model all the interest rates simultaneously, so you could value...#John Hull
Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as...#John Hull
