Study on Pricing Look Back Option with Bonus under the CEV Model

摘要

Black-Scholes model has solved European option pricing in efficient market successfully.But it is established in a certain hypothesis conditions.However,in the reality of transactions,investors will get in a certain stock dividend.Based on the Black-Scholes model on the basis of the CEV model in the kind of a dividend of look back option pricing problem,then drive the model of continuous dividend look back option pricing of differential equation.