## Code for Chapter 7 (American Options):

- local_american_solution.nb (performs some algebra in the local analysis of the free boundary associated with american options)

- solve_loc_am_bl.m (solves for the transcendental equation in the local analysis of the free boundary associated with american options)

- prob_7_3_pt_a.m (computes and plots the obstacle solution for part a of this problem)

- prob_7_3_pt_b.m (computes and plots the obstacle solution for part b of this problem)

- prob_7_9_algebra.nb (some algebra for this problem)

John Weatherwax
Last modified: Sun May 15 08:46:24 EDT 2005