QuantForcesquant interview practice

RB_CH02_Q016. Jump diffusion processes

difficulty 1700·answer type: expression·Not solved

Problem

What do you know about jump diffusion processes? Explain where the pricing formula for a call option written on an asset whose price level follows a jump process and cannot be derived using the Black-Scholes/Merton no-arbitrage technique.

Submit answer

You must be signed in to submit answers.