Pricing American options under Black-Scholes requires several assumptions regarding market to be made that do not exist in the real-world, intention of this project is to relax assumption of no transaction concepts and determine effects on American option price and it’s optimal value.
University of Wollongong
Jeremy Sterjovski is a student currently enrolled in the University of Wollongong completing a degree in mathematics and finance (Dean’s Scholar). He has completed several mathematical and financial subjects during their university career and wants to extend their understanding further into academic research settings. Jeremy has been a hardworking and dedicated student, constantly applying themselves in academic tasks undertaken.