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A comment on Pricing Americans with Finite-Difference. Parent comment

Re:Pricing Americans with Finite-Difference by l33t7332273 on Friday December 22, 2023 @06:50PM (#38740116)
Why does having variable duration mean an equation cannot model this type of option?
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Re:Pricing Americans with Finite-Difference by hfhdjdks on Friday December 22, 2023 @07:06PM (#38740262)
The point is not whether it can be modeled (it can), but whether you can get a closed form solution for it (you can't...or we don't know how for now)
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