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Tough Question - for Experts only
It's a trick question, method B doesn't actually follow the statement: The statement says that there is a 50/50 chance that a Certificate is worth either 1 or 10 Ingots. What method B assumes is a 50/50 chance that an Ingot is worth either 1 or 1/10 of a Certificate, which is a totally...- Frankie
- Post #2
- Forum: Pricing, Modeling
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New Quantnet members say hi
Software developer in MFE Hi everyone, My name is Frank, I'm about to start my full-time MFE in the UK. I came across quantnet when I was researching my course and found this site to be hugely informative. Thanks to everyone, especially the administrators for the information that helped me...