Pricing Defaultable Bonds and Credit Default Swap
Defaultable Bonds A defaultable bond has these characters: We have to specify the probability of default by working...
Financial Engineering: Term Structure Models
Fixed Income Derivatives Fixed income markets are enormous and in fact bigger than equity markets. Fixed income derivative...
Multi-Period Binomial Model
Multi-period binomial model Multi-period binomial model is really just a series of one-period model spliced together. When pricing...
Derivative Securities: Swaps, Futures and Options
Swaps Why do companies or entities construct swaps? Because they want to change the nature of cash flows,...
My #43 course certificate from Coursera
Understanding Financial MarketsUniversity of Geneva Let’s talk money! With 15+ years of investment experience, this course really struck...