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Mathematical Modeling with Local Volatility Surface by Radial Basis Function Approach

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Figure

Figure 1: Different radial basis functions
Figure 2: Average error for different radial basis functions The figure (2) shows average error for the different type of radial basis functions by using 258 data
Figure 4:  Gaussian average error for 15 days using Nelder-Mead algorithm
Figure 7:  Multiquadratic relative average error for 15 days by Nelder-Mead

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