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  1. C

    Feel so depressed when preparing for FRM program

    When reading chapter about Liquidity management system and also topic on POT and hill estimator. Am I alone?
  2. C

    cash or nothing and asset or nothing (why N(d1) and N(d2))

    For cash or nothing, we use Nd1 and for asset or nothing, we use Nd2. I thought both option will exercise if end price>strike? Should both be ND2 which is the probability end price>strike?
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