
Agricultural Derivatives 101
... maize at an agreed floor price • a seller of PUT options is OBLIGATED to buy your product should you exercise your right • the PUT option trade involves a willing buyer\willing seller at an agreed premium for a specific strike price • the buyer can exercise the right to sell maize at any time (Ameri ...
... maize at an agreed floor price • a seller of PUT options is OBLIGATED to buy your product should you exercise your right • the PUT option trade involves a willing buyer\willing seller at an agreed premium for a specific strike price • the buyer can exercise the right to sell maize at any time (Ameri ...
B-Tree
... External Memory Data Structures • General-purpose data structures – Space: linear or near-linear (very important) – Query: logarithmic in B or 2 for any query (very important) – Update: logarithmic in B or 2 (important) • In some sense, more useful than I/O-algorithms – Structure stored in disk mos ...
... External Memory Data Structures • General-purpose data structures – Space: linear or near-linear (very important) – Query: logarithmic in B or 2 for any query (very important) – Update: logarithmic in B or 2 (important) • In some sense, more useful than I/O-algorithms – Structure stored in disk mos ...
ds bits - WordPress.com
... 110. Which of the following is not a correct statement a. internal sorting is used if the number of items to be sorted is very large b. External sorting is used if the number of items to be sorted is very large c. External sorting needs auxiliary storage d. Internal sorting needs auxiliary storage 1 ...
... 110. Which of the following is not a correct statement a. internal sorting is used if the number of items to be sorted is very large b. External sorting is used if the number of items to be sorted is very large c. External sorting needs auxiliary storage d. Internal sorting needs auxiliary storage 1 ...
Brief Overview of Futures and Options in Risk Management
... or indexes. The intent of traders in this market is to take one of three possible positions: (1) Speculate on anticipated price movements (2) Hedge an existing or anticipated position that they may have in the cash (spot) market (3) Arbitrage inconsistent prices among financial securities and depend ...
... or indexes. The intent of traders in this market is to take one of three possible positions: (1) Speculate on anticipated price movements (2) Hedge an existing or anticipated position that they may have in the cash (spot) market (3) Arbitrage inconsistent prices among financial securities and depend ...
Parallel Construction of Succinct Trees
... In this section, we describe our new parallel algorithm for constructing the RMMT of a given tree, called the Parallel Succinct Tree Algorithm (PSTA). Its input is the balanced parenthesis sequence P of an n-node tree T . This is a tree representation commonly used in practice, particularly in secon ...
... In this section, we describe our new parallel algorithm for constructing the RMMT of a given tree, called the Parallel Succinct Tree Algorithm (PSTA). Its input is the balanced parenthesis sequence P of an n-node tree T . This is a tree representation commonly used in practice, particularly in secon ...
Data Structures and Other Objects Using C++
... For use with Data Structures and Other Objects Using C++ by Michael Main and Walter Savitch. Some artwork in the presentation is used with permission from Presentation Task Force (copyright New Vision Technologies Inc) and Corel Gallery Clipart Catalog (copyright ...
... For use with Data Structures and Other Objects Using C++ by Michael Main and Walter Savitch. Some artwork in the presentation is used with permission from Presentation Task Force (copyright New Vision Technologies Inc) and Corel Gallery Clipart Catalog (copyright ...
Data Structures and Other Objects Using C++
... For use with Data Structures and Other Objects Using C++ by Michael Main and Walter Savitch. Some artwork in the presentation is used with permission from Presentation Task Force (copyright New Vision Technologies Inc) and Corel Gallery Clipart Catalog (copyright ...
... For use with Data Structures and Other Objects Using C++ by Michael Main and Walter Savitch. Some artwork in the presentation is used with permission from Presentation Task Force (copyright New Vision Technologies Inc) and Corel Gallery Clipart Catalog (copyright ...
Juzi: A Tool for Repairing Complex Data Structures
... This section describes the main components of Juzi. The heart of Juzi is a code instrumentation module that instruments the given data structure class and predicate method, and generates a new class that enables automatic data structure repair when a corruption occurs at runtime. The generated class ...
... This section describes the main components of Juzi. The heart of Juzi is a code instrumentation module that instruments the given data structure class and predicate method, and generates a new class that enables automatic data structure repair when a corruption occurs at runtime. The generated class ...
House Prices, Interest Rates and Macroeconomic Fluctuations: International Evidence
... 1980s, the recession of the early 1990s, the long-boom of the 1990s, and the mild-recession of 2001.12 Of particular interest is the house factor which reflects the main developments in global housing markets of the last 25 years remarkably well, including the housing price bust of the early 1980s, ...
... 1980s, the recession of the early 1990s, the long-boom of the 1990s, and the mild-recession of 2001.12 Of particular interest is the house factor which reflects the main developments in global housing markets of the last 25 years remarkably well, including the housing price bust of the early 1980s, ...
Chapter5
... (Try this with mathematical induction.) Solution: Prove the result using strong induction. • BASIS STEP: We can reach the first step. • INDUCTIVE STEP: The inductive hypothesis is that we can reach the first k rungs, for any k ≥ 2. We can reach the (k + 1)st rung since we can reach the (k − 1)st run ...
... (Try this with mathematical induction.) Solution: Prove the result using strong induction. • BASIS STEP: We can reach the first step. • INDUCTIVE STEP: The inductive hypothesis is that we can reach the first k rungs, for any k ≥ 2. We can reach the (k + 1)st rung since we can reach the (k − 1)st run ...
Deferred Fixed Annuities
... market rates. The initial rate on a step-rate CD is not the yield to maturity. If your CD has a call provision, which many step-rate CDs do, the decision to call the CD is at the issuer’s sole discretion. Also, if the issuer calls the CD, you may obtain a less favorable interest rate upon reinvestme ...
... market rates. The initial rate on a step-rate CD is not the yield to maturity. If your CD has a call provision, which many step-rate CDs do, the decision to call the CD is at the issuer’s sole discretion. Also, if the issuer calls the CD, you may obtain a less favorable interest rate upon reinvestme ...
Full report
... opportunities. In environments like this, the probability of incurring a loss is rising for all portfolios - but most risky are those portfolios constructed with seemingly limited regard for these growing market risks. In this paper we look at the recent history and volatility of asset market return ...
... opportunities. In environments like this, the probability of incurring a loss is rising for all portfolios - but most risky are those portfolios constructed with seemingly limited regard for these growing market risks. In this paper we look at the recent history and volatility of asset market return ...
Dr-Margush-06-07_LinkedLists
... • List keeps reference to last Node – Facilitates add to end since we always know where the last node is ...
... • List keeps reference to last Node – Facilitates add to end since we always know where the last node is ...
Lattice model (finance)

For other meanings, see lattice model (disambiguation)In finance, a lattice model [1] is a technique applied to the valuation of derivatives, where, because of path dependence in the payoff, 1) a discretized model is required and 2) Monte Carlo methods fail to account for optimal decisions to terminate the derivative by early exercise. For equity options, a typical example would be pricing an American option, where a decision as to option exercise is required at ""all"" times (any time) before and including maturity. A continuous model, on the other hand, such as Black Scholes, would only allow for the valuation of European options, where exercise is on the option's maturity date. For interest rate derivatives lattices are additionally useful in that they address many of the issues encountered with continuous models, such as pull to par.