Pricing American-style Derivatives under the Heston Model Dynamics: A Fast Fourier Transformation in the Geske–Johnson Scheme



provided by Research Papers in Economics

Pricing American-Style Derivatives under the Heston Model
Dynamics: A Fast Fourier Transformation in the Geske-Johnson
Scheme

Oleksandr Zhylyevskyy1

February 12, 2005

1I am greatly indebted to T. Wake Epps for reviewing the draft and to Serguey Khovansky for insightful comments.
Correspondence: Department of Economics, University of Virginia, P.O. Box 400182, Charlottesville, VA 22904-4182.
E-mail: oz9a©virginia.edu.



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