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That's great, thanks for clarifying Lindsay! Hope you have a lovely day :D
Hi there, Hope you are well. Why has the April and September solutions been excluded for 2018? Is there a lot of material in here that has...
Thanks so much Steve, really appreciate it!
Got it, thanks Steve! Related question. We reduce the share value by the dividend rate at time 6 months by the dividend as the dividend is paid...
Hi there, In this question we are asked to calculate the implied volatility using the value calculated in part (ii). There's a nice trick to do...
Hi Steve, Sorry to dig up an old post. I attempted (iii) of this equation and this was the formula that I came up with: 10000(1.10)^3 = 8000(1...
Hi there, If we are asked to create a binomial tree, can we use a flowchat in word or what is the best way to draw this in word? Many thanks,...
Hi, I think this is what is happening. B(t) ~ N(0, 1t) B(5) ~ N(0, 5) => A(t) ~ logN(0, 1t) E(A(t)) = exp(mu + 1/2 sigma^2 * t) E(A(t)) =...
Hi, I'm looking at the ASET for April 2019 Q2 (iii). I'm trying to understand how the movements for Death claims and Maturities are calculated....
Brilliant, thanks so much Mark!
Hey, Would there be a list of reinsurance types that can be used for certain products / certain scenarios? e.g. A company with low free asset -...