Lognormal Forward-LIBOR Model
{"Image DocumentName": "Lognormal Forward-LIBOR Model", "Image ImageDescription": "\ud835\udc51 \ud835\udc39 \ud835\udc58 \ud835\udc61 = \ud835\udf0e \ud835\udc58 \ud835\udc61 \ud835\udc39 \ud835\udc58 \ud835\udc61 \ud835\udc51 \ud835\udc4d \ud835\udc58 \ud835\udc61. Forward-Rate dynamics under the LFM. Log of the Forward-Rate is Gaussian. Under the appropriate measure. \ud835\udc51 ln \ud835\udc39 \ud835\udc58 \ud835\udc61 = \ud835\udf0e \ud835\udc58 \ud835\udc61 \ud835\udc51\ud835\udc4a \ud835\udc61 \u2212 1 2 \ud835\udf0e 2 \ud835\udc58 (\ud835\udc61)\ud835\udc51\ud835\udc61. Background + Model Formulation + Calibration + Results + Analysis.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}