April 2019
Intermediate to advanced
426 pages
11h 13m
English
Content preview from Mastering Python for Finance - Second Edition
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Lattices in option pricing
In binomial trees, each node recombines at every alternative node. In trinomial trees, each node recombines at every other node. This property of recombining trees can also be represented as lattices to save memory without recomputing and storing recombined nodes.
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