A new quantitative analyst, has been asked by the porfolio manager to calculated the portfloio 1 day 98pct value at risk measure beased on the past 100 trading days, what will this be if the worst 5 losses in the past 100 trading days are 316M, 385m, 412M, 422m & 485 M in USD?
Which be the...
please, someone could explain me the result of this question:
A bank holds USD 60 USD worth of 10 yera 6,5% coupon bonds that are trading at the clean Price of 101,82.The bank is worried by the exposure due to these bonds but cannot unwind rhe position for fear of upsetting the...
Please, could you anyone explain me why the convexity increase at an increasing rate as duration increase. I think that the duration should be decrease at an increasing rate.
Best regards
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