A New Approach for Solving Boundary Value Problem in Partial Differential Equation Arising in Financial Market
A New Approach for Solving Boundary Value Problem in Partial Differential Equation Arising in Financial Market作者机构：Department of Mathematical Sciences Ekiti State University Ado Ekiti Nigeria Department of Mathematical and Physical Sciences Afe Babalola University Ado Ekiti Nigeria
出 版 物：《Applied Mathematics》 (应用数学（英文）)
年 卷 期：2016年第7卷第9期
页 面：840-851页
学科分类：07[理学] 0701[理学-数学] 070101[理学-基础数学]
主 题：Black-Scholes-Merton Model Boundary Value Problem European Call Option Financial Market Laplace Transform
摘 要：In this paper, we present a new approach for solving boundary value problem in partial differential equation arising in financial market by means of the Laplace transform. The result shows that the Laplace transform for the price of the European call option which pays dividend yield reduces to the Black-Scholes-Merton model.
维普期刊数据库