Question: Analytic Method for the American Put (Project) Implement both the Algorithm 4.16 and Algorithm 4.17. For Algorithm 4.17 choose as initial guess the average of

Analytic Method for the American Put (Project) Implement both the Algorithm 4.16 and Algorithm 4.17. For Algorithm 4.17 choose as initial guess the average of the strike and the lower bound (A5.1). A secant method (C1.5) is a good choice for the iteration. Think of how to combine Algorithms 4.16 and 4.17 into a hybrid algorithm.

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