Question: You will need to write a literature review covering at least the following areas, with the relevant questions in each section being answered
1 History of the finite difference method.
1)when it was first proposed and by whom it was proposed
2) how it was developed
3) the main application scenarios and classic use cases
The development of Black Scholes'' option theory.
1) When it was first proposed and by whom
2) How it was developed
3.)The main application scenarios and classical application cases
3 Applications of the finite difference method in finance:
1)When it was first applied in finance, cases, scholars
2) Classical application cases
3. Current research directions
4. Advantages of using the finite difference method to solve financial problems