2 papers
q-fin.PR2018
A Numerical Analysis of the Modified Kirk's Formula and Applications to Spread Option Pricing Approximations a numerical analysis of the modified kirk's formula and applications to spread option pricing approximations
Suren Harutyunyan, AdriÀ Masip BorrÀs
In this paper we study recent developments in the approximation of the spread option pricing. As the Kirkś Approximation is extremely flawed in the cases when the correlation is ve…
q-fin.PR2015
Tax Bond Creation Using a Structural Model and its Extensions
Suren Harutyunyan
This article describes and explores taxes and debt in finance. Here a situation is thought about, where tax payments would qualify to be considered as debt. Using this principle we…