Who proposed the probabilistic approach based on copulas
Who proposed the probabilistic approach based on copulas?
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A probabilistic approach based upon copulas was proposed by David Li in 2000.
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Assume that you inherited some money. A friend of yours is working as an unpaid intern at a local brokerage firm, and her boss is selling securities that call for 4 payments of $50 (1 payment at the end of each of the next 4 years) plus an extra payment of $1,000 at the end of Year 4. Your friend sa
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