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- W2790482877 abstract "This research seeks to give insight on how advances in developed money markets can be reflected towards the establishment of derivatives markets in under developed and developing financial markets. The dynamics of the London interbank offered rate, for the developed financial market and the Kenyan interbank offered rate, for the developing financial markets, are compared. For the period between 2013-2015, both interest rates are found to have the same underlying dynamics. A European caplet is priced using the local volatility interbank offered rate model. The local volatility model is used as it captures the volatility smiles more efficiently in one sweep. Thereafter, the local volatility interbank offered rate model is formulated and used to price the European caplet for the developing markets." @default.
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- W2790482877 date "2018-03-22" @default.
- W2790482877 modified "2023-09-22" @default.
- W2790482877 title "Image Processing Techniques Applicable in Wastewater Quality Detection: Towards a Hygienic Environment" @default.
- W2790482877 doi "https://doi.org/10.11648/j.ajrs.20180601.15" @default.
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