We review the equity forward and futures pricing models. Consider an index level, I, at a future time, T. With respect to I, we calculate 1) the forward price, 2) the futures price, and 3) delta.

A valuation model is presented to calculate price, hedge ratio, and implied volatility for forward starting European calls and puts. The model focuses on the numerical accuracy of the implementation.

The model calculates numbers that characterize the effect of adding an extra instrument to a portfolio of loan commitments. To be useful, these numbers should be additive with respect to the facilities making up the portfolio, so that their total would have the same meaning for the portfolio as each individual number has for the respective…[Read more]

Equity value at risk (VaR) model requires implied volatilities with respect to various indices and maturities, which range from three months to five years. A model is presented for generating a term-structure of implied equity index volatilities for use in calculating VaR.

Since 2016, the academic narrative emerging from the Zora Neale Hurston Festival of the Arts and Humanities in Eatonville, Florida, has increasingly relied on a public scholarship model to bridge the gap between institutional practice and community knowledge. Inspired by Zora Neale Hurston’s legacy as an interdisciplinary scholar, these a…[Read more]

A model is used to price a derivative whose payoff depends on returns over N periods on a shrinking basket of originally N assets. Each period, the worst return is added to the cumulative sum after being capped and floored, and the corresponding asset removed from the basket (hence a shrinking basket). The cap and floor rates are given for each…[Read more]

Credit value at risk (VaR) is used for measuring and analyzing credit risk of a portfolio. The basic methodology of the Credit VaR employs the credit migration approach spearheaded by RiskMetrics. It assumes that obligor’s credit quality is determined by the obligor’s asset value, which in turn is approximated by its standardized equity return.

This paper presented at the Fourth International Conference and Industrial Exhibitoion on Dairy Science Park IV, Nov 1-5, 2017, Konya, Turkey, has reviewed the philosophy of Mevlana Jalal ud Din Rumi regarding love, tolerance, respect and spiritualism; appreciating each others and knowing the value of each other. Rumi (1230) told Iqbal (1930)…[Read more]

Sohrab Sepehri (1928-1980), a celebrated Iranian poet and painter, extensively explored various countries, engaging with diverse artistic traditions and philosophical ideologies. His deep immersion into the mystical elements of Eastern cultures profoundly influenced his artistic works. Notably, his poetry’s environmental ethics distinguish him n…[Read more]

We present a model for pricing a credit derivative product where party A has sold default put protection on a Euro denominated bond. Specifically, upon bond issuer default, party A must pay to party B a notional amount of 10 million USD (excluding accrued interest). In exchange, party B must pay a fixed rate to party A, on a quarterly basis,…[Read more]

This dissertation explores metamodernism in contemporary culture, focusing on its manifestation in literature and its intersections with vaporwave and the music of Radiohead. It considers the novel Taipei by Tao Lin as a representation of metamodern sensibility, analysing its portrayal of a human subjectivity navigating a world shaped by…[Read more]

De entre las muchas y generosas lecciones que el maestro don Julio Valdeón ha brindado al medievalismo hispánico destacaremos aquella que fundamentará las páginas siguientes: la importancia de la propaganda ideológica favorable a la dinastía Trastámara durante la guerra civil castellana entre los años 1366 y 1371. Este conflicto fratric…[Read more]

Aún en la actualidad, cinco siglos más tarde de que fuese escrito, todavía impresiona la honrada confesión con la que Juan Álvarez Gato cerraba su cancionero particular, rematando los folios en los que había recopilado todo su acervo lírico con una singular confidencia poética. A través de ella, el hombre maduro y el poeta veterano renegaba…[Read more]

Quizá Don Eloy sea bastante ajeno a la admiración que despertaba entre los jóvenes estudiantes, allá por los años finales de la pasada centuria, uno de sus trabajos menores, entendiendo ‘menor’ no por lo que se refiere a su valía (que en absoluto es nimia), sino sólo para separarlo, en cuanto a extensión y objetivos, de su scripta maiora. Nos…[Read more]

En uno de sus breves pero densos artículos, donde su siempre certera pluma se afilaba hasta el punto de transformarse con harta frecuencia en daga hiriente, Miguel de Unamuno realizaba una ácida declaración en contra de lo que él denominaba como «la plaga del literatismo», centrando sus críticas en las reuniones de literatos, bien fuese median…[Read more]

The purpose of this paper is to submit a project proposal regarding the publication of the Valencian Parliamentary papers in which we want to achieve three main goals: to digitize and transcribe the parliamentary sessions for later publication on the web, which will facilitate access to these texts for both the public and the scientific community;…[Read more]

El estudio de las rúbricas de los cancioneros ha sido uno de los campos más fructíferos en los últimos años de la investigación sobre lírica cancioneril medieval y renacentista, de suerte que, en la actualidad, contamos con una amplia lista de trabajos destinados a este elemento paratextual, destacando de forma en especial su importancia para e…[Read more]

Desde el pionero trabajo de Glaser sobre el contenido antisemita de la literatura española de los siglos XV y XVI, que continuaba la abierta por las teorías de Américo Castro al respecto, la comunidad académica ha dedicado parte de sus esfuerzos a incrementar el conocimiento de temas y obras relacionadas de alguna u otra forma con lo que, sig…[Read more]