conservative
发表于 2025-3-25 04:42:56
Exotic Equity Derivatives,Introducing a knock-out barrier reduces the price of a Vanilla option. An investor may be willing to take the risk of the underlying trading at the barrier level against this sure profit. This will be the case especially if gains on the remaining portfolio offset any losses due a barrier event.
显示
发表于 2025-3-25 10:39:32
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繁忙
发表于 2025-3-25 15:31:12
Dividends,One of the attractive features of stocks is that the holder is entitled to dividends. Dividend levels, payment and ex-dates are typically stable and known in advance but are sometimes adjusted by the board of management.
Occupation
发表于 2025-3-25 17:27:11
Copulas,Copulas have many applications within financial modelling, including the repre-sentation of the joint distribution of
类人猿
发表于 2025-3-25 23:07:50
Fixed Income,Fixed income is at the core of financial modelling. Before considering assets such as stocks, currencies, commodities or credit events it is necessary to value future cash flows.
油毡
发表于 2025-3-26 02:59:36
Defaultable Equity,Derivatives that require incorporation of default of the underlying’s issuer include derivatives on single stock, in particular convertible bonds.
exacerbate
发表于 2025-3-26 08:00:52
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有偏见
发表于 2025-3-26 08:47:57
Foreign Exchange,Foreign exchange rates are defined by both domestic and foreign currency. These concepts are symmetric in the sense that for a foreign investor my domestic currency is her foreign currency. For example, a European investor may buy 1$ at today’s exchange rate of 0.75€.
强制性
发表于 2025-3-26 13:55:50
Affine Processes,Closed form pricing via Fourier transform methods is the basis for many stochastic volatility models. A general framework has been formulated by Duffie, Pan and Singleton (2000).
preservative
发表于 2025-3-26 18:43:21
Gauss,This chapter collects (and derives) closed form formulae for integrals related to Brownian motion for reference elsewhere in the book. It includes Black-Scholes and Bachelier formulae, as well as a range of barrier products.