In this article, we introduce an application of the Quantum Amplitude Estimation (QAE) algorithm for the calculation of the expected value of the price of a zero-coupon bond using the binomial tree model.
At the beginning of 2022, the National Bureau of Economic Research released the first publication exploring what was termed the "Quantum Economic Advantage".
The Black-Scholes model is a formula used in finance to calculate the theoretical price of a financial option. Black, Scholes and Merton developed it in the 1970s.