PV（プロモーションビデオ）・MV（ミュージックビデオ）やライブ動画を無料で視聴できる-MyDo(マイ動画)音楽情報館

Two step binomial について・・・

Here is an spreadsheet example of pricing a European call option on a stock index (e.g., Dow Jones Utility) with a two step binomial. There are two basic process steps: 1. Build forward the "tree" of asset prices, 2. Then backward induction: value the option at each node as the PROBABILITY-adjusted, discounted value of nodes after it.