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Davies, Iyai

Publications (2)

A Numerical Approximation on Black-Scholes Equation of Option Pricing

Onugu, Christain, Davies, Iyai & Amad, Innocent Uchenna · Asian Research Journal of Mathematics · 2023

This paper considered the notion of European option which is geared towards solving analytical and numerical solutions. In particular, we examined the Black-Scholes closed form solution and modified Black-Scholes (MBS) partial differential equation using Crank-Nicolson finite dif...

Open access Research Article 10.9734/arjom/2023/v19i7682

The Impact of Fourier Series Expansion on the Analysis of Asset Value Function and its Return Rates for Capital Markets

Loko, Onewunmi Perelah, Davies, Iyai & Amadi, Innocent Uchenna · Asian Research Journal of Mathematics · 2023

The effect of Fourier series expansion on the solution of Stochastic Differential Equation (SDE) is considered herein. The detailed measures which govern price function of return rate for capital investments are obtained periodically. Sufficient conditions of stating mathematical...

Open access Research Article 10.9734/arjom/2023/v19i7681