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.
Swann Systems containing forecast such income statement to upcoming year: Sales &
Explain Certainty equivalent as a function of the risk-aversion parameter.
Explain the term forward volatility.
How was a Monte Carlo simulation in finance assured?
What is forward equation?
What is the role of the derivatives of Serial Autocorrelation?
Explain the uncertain volatility.
What is Margin Hedging?
Explain all the model and experiments of Robert Merton.
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