Discuss how to implement the secant method in the root-finding procedure of solving the optimal exercise price

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Discuss how to implement the secant method in the root-finding procedure of solving the optimal exercise price Sti from the following algebraic equation

X  S* = er(T-) E| Pi+1| St; = St - E[

in the Grant–Vora–Weeks algorithm (Fu et al., 2001).

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