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Hi, all;
I am currently studing the Hull-White
trinomial implementation in QuantLib. I have two questtions regarding this.
1. The trinomial implementation does
not follow HW's tree-building procedure, is there any background theory
for this?
2. Current implementation is suspicious
when "isPositive = true". It only cuts off the negative
portion of the tree without using three different branching methods.
Thanks.
Guowen
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