Question: 16.16 Give the EulerMilstein approximation scheme for the following SDE: dSt = SStdt + S t dBt, where (0, 1]. Generate 10 paths

16.16 Give the Euler–Milstein approximation scheme for the following SDE:

dSt = μSStdt + σSβ

t dBt, where β ∈ (0, 1]. Generate 10 paths and plot them for the following parameter values:

μS = 0.1, σ = 0.7, β = 1 3

, S0 = 100

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