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This paper proposes the pricing formula of sequential compound options (SCOs) with random interest rate and the applications call Milestone Project Valuation (MPV). Most compound options in literatures are 2-fold with constant parameters through time. The multi-fold compound options are just sequential...

With the advancement of networking technology it is anticipated to have Internet like functionality in tactical network. However, unlike commercial network the tactical networks operate under severe environment and resources constraints. Moreover, the MANET architecture and shared resources of wireless...