John Hull: If each of your time steps is one week long, you are not modeling the stock price terribly well over a one-week time period, because you are saying that there are only two possible outcomes.

If each of your time steps is one week long, you are not modeling the stock price terribly well over a one-week time period, because you are saying that there are only two possible outcomes.

-- John Hull


		Name: John Hull Type: none Nationality: none

https://www.nutquote.com/quote/John_Hull