Are they important w.r.t exam questions. coz there are around 21 principles and i still have much more to do with Book 4. so just want to confirm about the exam relevance of this topic, is it high or low??
Thankx in advance
'm doing Swaps valuation and discounting coupon pmts. with spot rates.
so there's an example in Hull which asks for final pmt's spot rate.
so m not able to solve this e^2R=0.90506 for R...
can someone help?
R shud be 4.99%
and is there any other way to calculate R other thn e^x.
earlier i...
John C. Hull
Chapter 5 (Determination of Forward and Futures Prices)
Example No. 5.1
Consider a 4-month forward contract to buy a zero-coupon bond that will mature
1 year from today. (This means that the bond will have 8 months to go when the
forward contract matures.) The current price of the...
okay so what i have been reading here that when a Ch member fails to meet its financial obligations his fully margined positions are transferred and under-margined positions are liquidated.
i'm confused about who is Ch member here and whose customer a/c is this??
if a customer fails to meet its...
@David Harper CFA FRM CIPM
In one of your videos about Multiple Regression Analysis, u said that likewise in Univariate Reg. analysis (rho)= √R^2, it is not possible in multiple regression analysis.
Can u explain/ give reasoning for this??
i just gone through Vasicek model for "Worst Case Default Rate"
and the formula says:-
in most of the cases X= 99.1% and N= 1 year.
the issue is i'm not able to get the of N^-1 ?? how to solve this??
Ques:
Suppose that a bank has a total of $100 million of retail exposures of varying sizes...
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