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Certificate of Completion
THIS ACKNOWLEDGES THAT
HAS COMPLETED THE SPRING 2026 QUANT FINANCE BOOT CAMP
Nathan Burns
Roman Holowinsky, PhD
MARCH 25, 2026
DIRECTOR
DATE

TEAM
Nathan Burns
Nathan Burns

This project investigates 3 different models for pricing American-style options; the binomial tree model, the Longstaff and Schwartz regression model and the Bjerksund and Stensland 1998 approximation. We will go over the pros and cons of each model as we demonstrate the similarities and differences between American-style options and their European counterparts. At the end we discuss the (somewhat theoretical) perpetual put option.
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