Apr 21st 2011, 18:05:40
Chevs: this formula (in terms of derivation) is more advanced than what you would have learned in actsci 445. (I did no studying for that course and got 91% btw:P). The funny thing is that it really depends what you are trying to do. When you start doing stress tests u realize quickly what the issues potentially can be with that from an P&C insurance standpoint (the duration of my liabilities can change dramatically under some circumstances). But meh:P
Maybe you can throw a curve-ball at the prof and ask him. I'm *sure* he would have seen it somewhere.. but does he remember:P
btw I know the duration/convexity formulas mentioned above and am trying not to go that route:P.
Maybe you can throw a curve-ball at the prof and ask him. I'm *sure* he would have seen it somewhere.. but does he remember:P
btw I know the duration/convexity formulas mentioned above and am trying not to go that route:P.
you are all special in the eyes of fluff
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RUN IT IS A KILLER BUNNY!!!
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(_(' )(' )
RUN IT IS A KILLER BUNNY!!!