Yes, our tree has an interesting shape. The center branches reflect the shape of the zero curve. When extreme parts of the tree are reached the branching pattern changes to accommodate the mean reversion.
John Hull Quotes
In the interest rate area, traders have for a long time used a version of what is known as Black's model for European bond options; another version of the same model for caps and floors; and yet another version of the same model for European swap options.
Topics in Uncategorized
Cite page:
Similar Quotes
Cricket is the greatest game that the wit of man has yet devised.
- Sir Pelham WarnerAdvertising is selling Twinkies to adults.
- Donald R. VanceThe struggle of the male to learn to listen to and respect his own intuitive, inner prompt...
- Herb GoldbergEach generation of the church in each setting has the responsibility of communicating the ...
- Francis SchaefferEach had defended his own country; the Germans Germany, the Frenchmen France; they had don...
- Ernst TollerComments on: "John Hull Quotes: In the interest rate area, traders have for a long time used a..."
John Hull (18)
Related Authors
Advertisement
Today's Anniversary - 21st September
Births
- 1932 - Shirley Conran
- 1934 - Leonard Cohen
- 1968 - Ricki Lake
- 1961 - Nancy Travis
- 1941 - Robert James Woolsey Jr.
Deaths
- 1959 - Abraham Flexner
- 2005 - Molly Yard
- 1832 - Sir Walter Scott
- 1973 - William Plomer
- 1933 - Kenji Miyazawa
Quote of the day
Popular Topics
Age Quotes
Love Quotes
America Quotes
Art Quotes
Clever Quotes
Dream Quotes
Effort Quotes
Enemy Quotes
Health Quotes
Inspirational Quotes
Insult Quotes
Job Quotes
Joy Quotes
Life Quotes
Math Quotes
Power Quotes
Racism Quotes
Smile Quotes
Society Quotes
Stupid Quotes
Sympathy Quotes
Truth Quotes
Youth Quotes
Achievement Quotes
Business Quotes
Dedication Quotes
Evolution Quotes
Intelligence Quotes
Humanity Quotes
Risk Quotes
About Quoteswave
Quoteswave have collection of famous quotes and sayings by popular authors. We have biggest database of famous proverbs and quotes with images. We have categorized all quotes with different topics and tags like love quotes, inspirational, motivational, life, friendship, success, smile, achievement and belief quotes. Everyone love good meaningful quotes so share famous picture quotes with your friends and loved one.
Our mission is to motivate, boost self confiedence and inspire people to Love life, live life and surf life with words.
Our mission is to motivate, boost self confiedence and inspire people to Love life, live life and surf life with words.
X
Share with your friends