Question: What is the result corresponding to that given in Problem 31.7, for the CIR model. Use maximum likelhood methods to estimate the a, b, and

What is the result corresponding to that given in Problem 31.7, for the CIR model. Use maximum likelhood methods to estimate the a, b, and σ parameters for the CIR model using the same data as that used for the Vasicek model in Section 31.4 (see www-2.rotman.utoronto.ca/_hull/VasicekCIR). Setting the market price of risk equal to k√r use the market data in Table 31.1 to estimate the best fit k.

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