Define agent and his responsibilities.
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An agent is a person who has the implied or actual authority to act on behalf of another. The owners whom the agents represent are the principals. Agents have a legal and ethical responsibility to make decisions that further the interests of the principals.
What is Sub-additivity?
Explain the factors that responsible for the recent surge in international portfolio investment (IPI)?The recent surge in international portfolio investments reflects globalization of financial markets. In particular, several countries have dere
What is a Poisson Process?
What is the difference between a Quant and an Actuary? Answer: The answer of this question is difference between an Actuary and a Quant is ‘Lots’. They c
What are the Forward and Backward Equations?
Explain the deterministic volatility in an option-pricing.
Explain the term Serial Autocorrelation.
Illustrates an example of complete and incomplete markets?
Illustrates an example of distribution of individual numbers or random numbers.
Where is Crash Metrics Applicable?
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