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A model for pricing real estate derivatives with stochastic interest rates

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Figure

Fig. 2. Branching process for a bidimensional binomial tree
Table 1Convergence to BSM model and CNFM method of European and American Vanilla Options under the BB model
Fig. 3. Effects of stochastic interest rate in pricing European calls.
Table 2Comparison between BSM and BB models for European calls with different ρ values

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