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Hi David, my question is not related to this topic, but since you have quoted two different authors above, I am considering you can help me :). I want to go...
Hi @David Harper CFA FRM ,
A question came up in Nov'16 Part 2, just wanted your insight, how to interpret it?
What leads to decrease in credit var of junior tranche - either margin step-up for all tranches or increase in notional of senior tranche
thanks a lot for any leads.