Question
You want to model interest rates using CIR. Interest rates are thought to keep increase. Can CIR be used to model interest rates? If so,
You want to model interest rates using CIR. Interest rates are thought to keep increase.
Can CIR be used to model interest rates? If so, name 1 challenge in using the model.
Can BCC be used to model interest rates? If so, name 1 challenge in using the model.
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
