NOVEMBER 2014 - SOA 76 HELP THREAD!!

lundi 1 septembre 2014

I thought it may be helpful to start a thread on these questions.



my first question....



who gets question 3)?



Why is delta = 0 as the dividends are reinvested into the index? shouldnt there still be a delta >0 in this case?



then the statement S(00 IS THE TIME - 0 PRICE FOR A TIME -1 PAYOFF OF AMOUNT S(1) REFERS TO S(0) BEING THE PREPAID FORWARD PRICE BECAUSE DELTA = 0? YES NO?

EXPLANATION PLEASE SOMEONE.





NOVEMBER 2014 - SOA 76 HELP THREAD!!

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