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  相關(guān)知識(shí)點(diǎn):
  Monte Carlo Simulation
  Step 1: Choose a stochastic process and its parameters(e.g.,an approximation to Brownian motion).
  Step 2: Generate a pseudo-sequence of random variables(using a random number generator or bootstrapping), and use these as inputs to the model to simulate a price path.
  Step 3: Calculate the asset value for this price path at the end of the investment horizon.
  Step 4: Repeat steps 2 and 3 as many times as necessary.