Define agent and his responsibilities.
Expert
An agent is a person who has the implied or actual authority to act on behalf of another. The owners whom the agents represent are the principals. Agents have a legal and ethical responsibility to make decisions that further the interests of the principals.
What is Value at Risk?
Normal 0 false false
Why is Vomma/Volga measures convexity?
Explain the reasons of Quants to like, close form solution?
Illustrate how the bank can employ a position alternatively in Eurodollar futures contracts to hedge the interest rate risk formed by the maturity mismatch it has with the $3,000,000 six-month Eurodollar deposit & rollover Eurocredit position indexed to th
Give an example of restrictive covenants that could be given in a bond’s indenture?
Researchers found that this is very hard to forecast the future exchange rates more precisely than the forward exchange rate or the current spot exchange rate. How would you interpret this?This implies that exchange markets are informationally e
How can the FX futures market be utilized for price discovery?To extent that FX forward prices are an unbiased predictor of future spot exchange rates, the market anticipates whether one currency will appreciate or depreciate versus another. Si
Explain swap broker ? A swap broker arranges a swap among two counterparties for fee without taking a risk position within the swap.
18,76,764
1958514 Asked
3,689
Active Tutors
1436498
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!