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Jamshidian's trick applies to Hull–White (as today's value of a swaption in the Hull–White model is a monotonic function of today's short rate). Thus knowing how to price caps is also sufficient for pricing swaptions.
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Price look-up codes, commonly called PLU codes, PLU numbers, PLUs, produce codes, or produce labels, are a system of numbers that uniquely identify bulk produce sold in grocery stores and supermarkets. The codes have been in use since 1990, and over 1400 have been assigned. [1] The codes are administered by the International Federation for ...
Possibly the earliest existing scrap of tartan known today is a 16th-century piece found in a bog in Glen Affric, Scotland, which the V&A Dundee studied before the exhibition. The Scottish Tartans ...
Orania prints its own money-like coupons which can be used to purchase in its stores and maintains the last transitional representative council in South Africa, but receives no national funding. The town has pursued energy independence primarily through solar power , constructed its own sewage works , and has experimented with introducing its ...
August 20, 2024 at 11:36 AM. (Reuters) -Johnson & Johnson said on Tuesday it would buy privately held V-Wave for up to $1.7 billion, the healthcare conglomerate's second deal this year aimed at ...
In the world of economics and finance, a 'bellwether' is a leading indicator of an economic trend. [1] [2]In the stock market, a 'bellwether' is a company or stock taken to be a leading indicator of the direction in a sector, in an industry or in the market as a whole.
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