This lecture note is intended to help students from the information systems department
who are first-stage students take the first start to increase their interest in English
language learning, especially more inclined towards academics. Through material related
to effective writing, it is hoped that students at the initial level can develop…[Read more]

The purpose of the model is to calculate the credit spread sensitivity, correlation sensitivity, and default sensitivity via analytic methods for index CDO trades and bespoke CDO trades. The credit spread sensitivity is defined as the change in the MTM by perturbing the credit spread by a small amount; the default sensitivity is calculated by…[Read more]

A pricing model for capped-accumulated-return-call (CARC) with volatility surface is presented. Proprietary approaches to interpreting volatility surface are employed during pricing. To accelerate the convergence when low discrepancy sequences are used in Monte Carlo simulation (Quasi-Monte Carlo simulation), the Brownian Bridge Path…[Read more]

The model serves the purpose of computing basis adjustments for credit spread curves of the constituent obligors of the indexes such that the market price of the index can be repriced exactly. These adjusted index constituent curves are then used to compute index base correlations and mapped base correlations for bespoke trades, price the standard…[Read more]

The article highlights the significance of active listening and micro-skills in counselling, highlighting how therapists use these techniques to engage with clients effectively. These include attending, questioning, encouraging, reacting, paraphrasing, summarising, reflecting feelings, and observing nonverbal cues. These skills help therapists…[Read more]

This study is designed to help early college students develop a genuine interest and
eagerness to enhance their practical English language skills for their future careers in
theological professions. The task draws from various reading sources and focuses on
studying texts, particularly important for students pursuing a bachelor’s degree…[Read more]

The payoff of reverse convertible product involves returns on multiple assets and is conditional on hitting of continuous barriers. The Monte Carlo methodology employed by ESP is an efficient conditioning technique.

Accounting requires the ability to forecast conduit administration fees. a simple stationary lognormal model for the fees is presented. Initially, the stationarity of the sweep fees is tested by measuring the level of mean reversion. Using a Dickey-Fuller statistical test the conduits are checked for approximate stationarity. Next, assuming the…[Read more]