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Abstract
As examples of simulation in financial engineering, we introduce the valuation and the risk management of financial instruments in this paper. Here we illustrate how to evaluate financial instruments using American put options. As to the risk management, we first briefly touch on VaR and then discuss some copulas and some variance-covariance matrix factoring methods.
Journal
- Journal of the Japan Society for Simulation Technology [List of Volumes]
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Journal of the Japan Society for Simulation Technology 22(4), 254-260, 2003-12-15 [Table of Contents]
Japan Society for Simmulation Technology