Free Derivative Pricer

The Ho and Lee Interest Rate Tree Current Interest Rate Theta Parameter Tree Size $1,000 Par Bond Value This code uses the Ho and Lee model for the term structure of interest rates. It draws a binomial tree of interest rate values. Theta parameter can be calibrated and changed over time. The steps have been adopted from Stochastic Calculus for Finance 1 by Shreve. However, I use continuous rate to calculate bond values. 0.1% 0.25% 0.5% 1% 1 2 3 4 5 End of Period: 1