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]

Historians have long argued that arbitration was the preferred means of
resolution for most disputes in later medieval England; but does this apply
also to the settlement of homicides? Despite the strenuous efforts of the
English legal system after the Norman Conquest to force homicides through
the royal courts, historians have argued that…[Read more]

Historians have long argued that arbitration was the preferred means of
resolution for most disputes in later medieval England; but does this apply
also to the settlement of homicides? Despite the strenuous efforts of the
English legal system after the Norman Conquest to force homicides through
the royal courts, historians have argued that…[Read more]

The aesthetics of early feature-film scores were shaped by narrational problems introduced by multi-reel features and their longer durations. Using The Patchwork Girl of Oz, I show how stylistic devices like silences and musical pun- ctuation were used to address the coherence and pacing of multi-reel storytelling.

This article details the historical factors that shaped Hollywood’s adoption of magnetic recording during the late 1940s and early 1950s. It draws upon economic theories of technological change, archival correspondence, technical records, analyses of postproduction workflows, and delineations of the structural constraints that limited how the f…[Read more]

This chapter investigates how the introduction of stereo complicated Hollywood’s vococentric practices. It also reveals how sound technicians developed mixing techniques that preserved the salience of dialogue in multi-channel soundscapes. The author refers to such techniques as monocentrism and illustrates monocentric norms by analyzing the c…[Read more]

Without fail a study in any depth of our fondness for music must eventually address the issue of consonance and dissonance. Past approaches to this issue have been bounded by a limited knowledge base and, further, marred by logical flaws, occasional hand waving, and the myopia of reductionism. Despite the explosion of progress in the last few…[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]

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]