Why is it difficult to use Monte Carlo simulations to value American options?

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Introduces Quantitative Finance

ISBN: 978-0470319581

2nd edition

Authors: Paul Wilmott

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Question Posted: Sep 23, 2020 06:04 AM

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Why is it difficult to use Monte Carlo simulations to value American options?

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Monte Carlo methods dont experience exponent...View the full answer

Introduces Quantitative Finance

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