CIR Interest Rate Model
5 mins read The Cox-Ingersoll-Ross, CIR, interest rate model is a one-factor, equilibrium interest rate model. One factor in that it models the
5 mins read The Cox-Ingersoll-Ross, CIR, interest rate model is a one-factor, equilibrium interest rate model. One factor in that it models the
2 mins read Addendum: How to conduct a Principal Component Analysis in EXCEL There are a couple of problems that the user may
2 mins read In this post, we will consider how the Black-Derman-Toy (BDT) short rate binomial tree will be used to price options
2 mins read In this post, we will consider how the Black-Derman-Toy (BDT) short rate binomial tree will be used to price bonds.
3 mins read Earlier we had looked at how the Black-Derman-Toy (BDT) interest rate model may be constructed in EXCEL. In particular, we
2 mins read Earlier we had considered how to define the various elements (input, output and calculation cells) of the Black-Derman-Toy (BDT) interest