My #64 course certificate from Coursera
Financial Engineering and Risk Management Part IColumbia University An amazing course from a prestigious university! This course touches...
Mortgage Backed Securities
Mortgage based securities are a particular kind of asset-based securities. They are asset-backed by underlying pools of securities...
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,...