Wednesday, January 30, 2008
This will be important later
by Ken Houghton
We'll come back to this, and it relates to my previous post on measuring uncertainty, but meanwhile RTWT.
Tanta Explains It All to You:
Options theory is applied to mortgages in order to price them as investments. (Strictly speaking, this is a matter of analyzing them so that a price can be determined.) [bold mine; italics hers]
We'll come back to this, and it relates to my previous post on measuring uncertainty, but meanwhile RTWT.
Labels: Calculated Risk, financetheory, mortgage, optionpricing, Risk Management