Table 3 Approximate solutions of option values by the difference method for N = 8, K = 8, t = 0
From: A numerical study of the European option by the MLPG method with moving kriging interpolation
Node no. | Finite difference | Cubic spline | MLPG |
|---|---|---|---|
1 | 0.0000E+00 | 0.0000E+00 | 0.0000E+00 |
2 | 3.1998E−04 | −1.8384E−04 | 1.2871E−03 |
3 | 4.5990E−03 | −2.3873E−03 | −7.8427E−04 |
4 | 4.7344E−02 | 4.2946E−02 | 4.6467E−02 |
5 | 2.9821E−01 | 2.9823E−01 | 3.0188E−01 |
6 | 8.7309E−01 | 8.6679E−01 | 8.6843E−01 |
7 | 1.7531E+00 | 1.7490E+00 | 1.7509E+00 |
8 | 3.0582E+00 | 3.0582E+00 | 3.0582E+00 |