Define an example of a Quant and an Actuary
Define an example of a Quant and an Actuary.
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Actuaries work more than quants along with historical data and which data tends to be too stable. Think of mortality statistics. But Quants frequently project forward using information enclosed in a snapshot of option prices.
Explain an example of Margin Hedging in Metallgesellschaft and Long Term Capital Management.
Define market for foreign exchange.Broadly described, the foreign exchange (FX) market encompasses the conversion of purchasing power from one currency to another, bank deposits of foreign currency, the extension of credit denominated in a forei
On the contrary to the U.S., Japan has felt continuous current account surpluses. What could be the foremost causes for these surpluses? Is it desirable to have continuous current account surpluses? Japan's continu
How must you hedge discretely?
Explain the factors that responsible for the recent surge in international portfolio investment (IPI)?The recent surge in international portfolio investments reflects globalization of financial markets. In particular, several countries have dere
What is bird in the hand theory of cash dividends?
When we can use Finite difference numerical method?
Calculate a cross-rate matrix for the French franc, Japanese yen, German mark, and the British pound. Use the most current European term quotes to compute the cross-rates so that the triangular matrix result is alike to the portion above the diagonal .The cross-rate formul
What is Speed in option value?
Whereas you were visiting London, you purchased a Jaguar for £35,000, payable in three months. You have sufficient cash at your bank in New York City that pays 0.35% interest per month, compounding monthly, to pay for the car. At present, the spot exchan
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