Onugu, Christain

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...