This morning, I came across a situation which I cannot logically solve (although I think this is really basic)
The goal is to find the price and expected return over one year of a ZC bond with 3 years to maturity.
The IR tree starts at 10% then move up to either 14% or 6% and then 18% /...
I must admit I'm a bit struggling with the copula study..
Could anyone shed some light for me / correct my understanding.
- The copula is useful as it allows to build a single multivariate distribution from several single variable distributions.
- To do this, we map the values of the...
Good evening all,
Thanks to the very useful ressources area on the BT website, I realized that a lot of questions are actually very similar from one practice exam to the next.
The question I have is: Are these practice exams really representative of the actual exams? I just did the latest...