penance
发表于 2025-3-28 17:12:41
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certitude
发表于 2025-3-28 20:01:30
Lecture Notes in Computer Scienceer is a type of prepayment risk for a bank. For example, a CD with a 10 year maturity can now be closed at any time before the maturity date, but in return it receives only a penalized interest rate. In this chapter, we discuss how to use a no-arbitrage pricing argument to determine a theoretical value for the penalized interest rate.
indigenous
发表于 2025-3-29 02:08:26
Valuation of Certificate of Deposit (CD) With Transfer Option,er is a type of prepayment risk for a bank. For example, a CD with a 10 year maturity can now be closed at any time before the maturity date, but in return it receives only a penalized interest rate. In this chapter, we discuss how to use a no-arbitrage pricing argument to determine a theoretical value for the penalized interest rate.
枪支
发表于 2025-3-29 05:56:40
Introduction,rve well as a textbook on financial asset pricing. It should be accessible to a broad audience, in particular to practitioners in financial and related industries, as well as to students in MBA or graduate/advanced undergraduate programs in finance, financial engineering, financial econometrics, or financial information science.
forager
发表于 2025-3-29 09:07:25
Currency Options,and export companies to hedge their risk in foreign exchange exposures. For example, if a company needs to pay a certain amount in a particular foreign currency at a given time in future to settle a trade, it can buy a call option on the currency maturing at that given time to hedge against its appreciation.
harmony
发表于 2025-3-29 14:29:59
Pricing Defaultable Bonds,ch as Moody’s, Standard & Poors, etc. In bond market, bond price changes whenever there is a rating change. Therefore, in bond pricing it is required to take into account the credit risk of the issuer.
harmony
发表于 2025-3-29 15:35:30
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Interregnum
发表于 2025-3-29 20:26:03
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委托
发表于 2025-3-30 02:01:28
Zhiming Liu,Jiadong Teng,Bo Liuollows; . The corresponding value of a European put in (1.2) is given via the Put-Call Parity in Chapter 2. Since these formulas do not depend explicitly on ., . and ., they are also valid in the case of continuous time.
责怪
发表于 2025-3-30 05:15:52
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