We present a model for pricing an exotic swap where one party receives a fixed amount and makes a series of variable payments at the end of each pre-defined calculation period. The variable payments can be modeled as Asian put option payoffs on the weighted sum of two respective commodity basket levels. Furthermore, each basket level consists of a…[Read more]

यह मणिपुर में 2023 में हुई हिंसा पर केंद्रित प्रमोद रंजन के रिपोर्ताजों का पहला भाग है।

प्रमोद रंजन इसमें पूर्वोत्तर भारत के इतिहास, संस्कृति और समाज में आ रहे परिवर्तनों को चिन्हित किया है तथा उसका संवेदनशील, मर्मस्पर्शी और विचारोत्तेजक चित्र प्रस्तुत किया है।

उन्होंने इस रिपोर्ताज में यह भी बताया है कि हिंसा के दौरान मैतेई महिलाओं के…[Read more]

A model is present for pricing an Equity Asian Swap. One leg of the swap pays the return from a monthly average of the S&P TSE60 index less a constant strike. The payment from the other leg is similarly defined for a stock. The payments are tied to notional amounts that are specified according to two pre-determined monthly schedules. Most of the…[Read more]

Ang Academic Materialist na hinimok ng Extreme Escapism ng Materialist Psychologists at Tumpak na “Mar’s Prophecy” ni Jung – kaya Recently Proven True.
Ang tanong ng isang mamamahayag kay Carl Jung: Sa palagay mo ba, sa loob ng dalawampung taon, sinuman ang magmamalasakit sa diwa ng mga simbolo, ganap sa panahon ng mga paglalakbay sa pagitan ng…[Read more]

A variance/volatility swap is an instrument that allows explicit exposure to the realized variance/volatility of an index, stock, etc., without exposure to other risks commonly encountered with derivatives: delta, gamma, etc.

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]

La “profecía de Mar” de Jung: el materialismo académico impulsado por el escapismo extremo de los psicólogos materialistas
Pregunta de un periodista a Carl Jung: ¿Cree que, dentro de veinte años, a alguien le importará el espíritu de los símbolos, de lleno en la era de los viajes interplanetarios, con los Sputniks, los Gagarin y los Shephar…[Read more]

Pourquoi un sophisme est-il important ? Bouddha dit que « nous devenons ce que nous pensons ». Hier, je parlais à un diplômé philippin (je séjourne actuellement à Gneral Santos, aux Philippines). J’ai évoqué le principal argument martérialiste tel qu’expliqué par MIller et Thompson dans un article publié sur le site Web du NIH – Pubmed – qui affir…[Read more]

As the prominent social psychologists, Baumeister and Leary, point out, “Groups can share food, provide mates, and help care for offspring (including orphans). Some survival tasks such as hunting large animals or maintaining defensive vigilance against predatory enemies, are best accomplished by group cooperation…. Competition for limited res…[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.

Réfutation que “l’égoïsme” est la norme prédominante et qu’il n’y a que des “formes limitées d’altruisme”. Je veux dire que les bactéries ont une connectivité pour l’amour de Dieu !
1. En une seule journée de la bataille de la Somme pendant la Première Guerre mondiale, il y a eu 50 000 victimes dans l’armée britannique. – 50 000 victimes en…[Read more]

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]

Dawkins Fallacy – False Premise
The statement, “However, as we shall see, there are special circumstances in which a gene can achieve its own selfish goals best by fostering a limited form of altruism at the level of individual animals.” Is a fallacy/false premise Historically, compassion and self-less behaviors are not a “limited form of alt…[Read more]