https://gdpark.blog/tags/interest-rate-tree/Recent content in Interest Rate Tree on gdpark.blogHugoenSat, 14 Dec 2024 00:00:00 +0000https://gdpark.blog/posts/cfa-l2-11-valuing-option-free-bonds-with-the-binomial-model/Sat, 14 Dec 2024 00:00:00 +0000https://gdpark.blog/posts/cfa-l2-11-valuing-option-free-bonds-with-the-binomial-model/A quick walkthrough of valuing option-free bonds using backward induction on a binomial tree, plus why pathwise valuation matters when cash flows are path-dependent.