I would like to ask about the equation of cross currency swap.
> Forward - Spot = Spot ( 1 + interest rate of home currency / 1 + interest rate of foreign currency) - spot.
According to the mechanism of this instrument and the BIS link...
while studying Miller ch2, I just wanna ask several questions:
based on definition of Joint Probability “The joint probability distribution of two discrete random variables, say X and Y, is the probability that the random variables simultaneously take on certain values, say x and...
i have several questions concerning first 3 chapters (Crouhy) in foundation of risk (P1 T1).
first 3 chapters deals with a lot of theoretical parts. would please tell me the best way to study such theoretical material? should i memorize all the mentioned points for example?