Define agent and his responsibilities.
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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.
Explain what is a Monte Carlo method?
What does a dealer do in the OTC market? Financial trades are made in an over the counter market. Explain.
What are the real differences between the partial differential equations?
Explain some examples of mutually exclusive projects.
Briefly define the Terms Corporation, partnership and proprietorship.
What is the difference between a Quant and an Actuary? Answer: The answer of this question is difference between an Actuary and a Quant is ‘Lots’. They c
Illustrates an example of forward equation?
Explain the common pattern of cash flows from a bond with a positive coupon rate.
When is an exploitable opportunity usually seen for excess returns?
Compare & contrast the several types of secondary market trading structures. There are two fundamental types of secondary market trading structures: dealer & agency. In a dealer market, the dealer serves as market maker for the securit
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