A two-asset barrier option is a European style option whose value is determined by two underlying assets. One asset, S1, determines the payoff function, and the other, S2, knocks the option in or out if the S2 value crosses the barrier.

A Market Mix GIC is a type of guaranteed investment certificate, which offers a return based on a corresponding GIC rate and the performance of a basket of certain stock and bond market indices. The payoff at maturity from a Market Mix GIC can be shown equal to the invested principal plus this principal times the sum of the minimum guaranteed…[Read more]

Anna Morandi Manzolini (1714–1774), a Bolognese wax sculptor, overcame humble origins to become one of the most important anatomical artists of the eighteenth century. Working with her husband Giovanni Manzolini (c. 1700–1755), and continuing alone after his death, Morandi created remarkably lifelike and anatomically accurate wax models of the sen…[Read more]

The Market Mix GIC is a type of guaranteed investment certificate, of 3- or 5-year term, which offers a return based on a corresponding GIC rate and the performance of a basket of certain stock and bond market indices. To determine the rate of return, the percentage change in each index level from the initial level is calculated. Here the initial…[Read more]

A pricing model was developed for pricing a total return swap between two parties. Here party A receives LIBOR plus a spread, but pays out the equity dividends arising from a collateralized loan obligation (CLO).

The introduction to a special issue of New Literary History titled “Culture, Theory, Data,” which explores the consequences of computation for cultural theory—and vice-versa.

The introduction begins by explaining how we came to a historical juncture where “culture” and “data” seem to be opposed terms. Then it offers some reasons for believing t…[Read more]

Essay on Daud Kamal’s Ghalib translations.