Figure 2From: Quantum pricing with a smile: implementation of local volatility model on quantum computerThe implementation of the \(U_{j}\), which performs the j-th step of asset price evolution, in the PRN-type method. \(V^{(j)}_{k}\) is a subroutine for updating the asset price by Eq. (8), and \({\mathrm{payoff}}_{j}\) is a subroutine for payoff calculation. The implementation of \(V^{(j)}_{k}\) is described in Fig. 3Back to article page