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- W55665369 abstract "The term structure model describes the evolution of the yield curve through time, without considering the influence of risk, tax, etc. Recently, the fuzzy process was initialized and applied to option pricing. Under the assumption of fuzzy interest rate, this paper investigates the term-structure equation. The equation is first derived for valuing zerocoupon bond. Analytic solution of the fuzzy interest rate equation is given when the process for interest rate is the fuzzy counterparts of the Vasicek model." @default.
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- W55665369 date "2008-01-01" @default.
- W55665369 modified "2023-09-23" @default.
- W55665369 title "Fuzzy Term Structure Equation" @default.
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