What conditions if any on the probabilities and the


Suppose we discretize Brownian motion by taking a trinomial tree. What conditions (if any) on the probabilities and the branches will get the third and fourth moments of one step to agree with those of Brownian motion across the same time step?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: What conditions if any on the probabilities and the
Reference No:- TGS01552138

Expected delivery within 24 Hours