It has been generally believed that the extension of the Tilley algorithm to multiasset American options is

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It has been generally believed that the extension of the Tilley algorithm to multiasset American options is not straightforward. Discuss the modifications to the bundling and sorting procedure required in the path grouping of all the asset price paths of n assets, n > 1. Also, think about how to determine the exercise-or-hold indicator variables when the exercise boundary is defined by a high-dimensional surface (Fu et al., 2001).

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