We present a new approach to bounding financial derivative prices in regime-switching market models from both above and below. We derive sufficient conditions under which a particular class of ...

If a value is rounded, its upper or lower bound as appropriate should be used when finding the largest or smallest possible answers to a calculation. A bag of flour has a mass of 1500 g (to the ...

We study an infinite family of lower and upper bounds on the modulus of zeros of complex polynomials derived by Kalantari. We first give a simple characterization of these bounds which leads to an ...