Monte carlo simulation is just one of a variety of


Monte Carlo Simulation is just one of a variety of simulation models that exist. Every student needs to do a literature search and find an article published in a peer reviewed journal that discusses advanced financial models (Monte Carlo and other simulations). Everyone needs a unique article. A peer reviewed journal means a publication (paper or digital) that has editors or reviewers who ensure articles meet certain standards. Articles from any web site with ‘pedia’ in it, financial reference sites, and financial press (Forbes, WSJ) are NOT appropriate sources.

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