| dc.contributor.author | Were, J. | |
| dc.contributor.author | Ongati, Omolo | |
| dc.contributor.author | Nyakinda, Joseph Otula | |
| dc.date.accessioned | 2021-04-01T07:42:40Z | |
| dc.date.available | 2021-04-01T07:42:40Z | |
| dc.date.issued | 2017-02 | |
| dc.identifier.uri | http://ir.jooust.ac.ke:8080/xmlui/handle/123456789/9325 | |
| dc.description.abstract | In this paper we consider the price dynamics of a portfolio consisting of risk-free and risky assets. The paper discusses the pricing process of a contingent claim, the pricing equation and the risk-neutral valuation under the Martingale representation property. A partial differential equation with an unknown price function is formulated. The solution of this PDE gives a unique pricing formula | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | International Journal of Science and Research (IJSR) | en_US |
| dc.subject | Continent claim valuation | en_US |
| dc.subject | Option pricing | en_US |
| dc.subject | Martingale representation | en_US |
| dc.subject | Risk-Neutral Valuation | en_US |
| dc.subject | Stochastic Integrals | en_US |
| dc.title | Assets Valuation Using a Contingent Claim | en_US |
| dc.type | Article | en_US |
