Abstract
In this chapter, we develop a simple, binomial model for interest rates and then examine some common assets whose value depends on interest rates. Assets in this class are called fixed income assets.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2005 Springer Science+Business Media New York
About this chapter
Cite this chapter
Shreve, S.E. (2005). Interest-Rate-Dependent Assets. In: Stochastic Calculus for Finance I. Springer Finance. Springer, New York, NY. https://doi.org/10.1007/978-0-387-22527-2_6
Download citation
DOI: https://doi.org/10.1007/978-0-387-22527-2_6
Publisher Name: Springer, New York, NY
Print ISBN: 978-0-387-24968-1
Online ISBN: 978-0-387-22527-2
eBook Packages: Mathematics and StatisticsMathematics and Statistics (R0)