The Valuation of Top Limited Uncertain Interest Based on Monte Carlo Simulation

نویسندگان

  • Kui Hu
  • Xun Liang
  • Nan Li
چکیده

In this paper, we introduce the Top Limited uncertain interest, and define it as a kind of exotic options. Then we propose a method to valuate the options with Monte Carlo Simulation. We demonstrate a real example from one of China venture capital policies. Our work enriches the exotic option theory, and it’s a remarkable step towards the quantitative analysis of public policies using option theory.

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تاریخ انتشار 2007