期刊名称：International Journal of Innovative Research in Science, Engineering and Technology
印刷版ISSN：2347-6710
电子版ISSN：2319-8753
出版年度：2020
卷号：9
期号：1
页码：13012-13019
DOI：10.15680/IJIRSET.2020.0901025
出版社：S&S Publications
摘要：This paper deals with the numerical solution of Black-Scholes equation, which is solved by variational
iteration method (VIM). One of the important applications of Black-Scholes equation is that it is widely used for option
pricing. VIM is a very powerful, efficient and effective mathematical tool which provides approximate solutions for a
wide range of real-world problems arising in engineering and natural sciences, modeled in terms of differential
equations. Convergence analysis and numerical examples are presented to show the efficacy of the proposed numerical
method.
