Author: Jérémie Smaga
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News from the front line
Hello everyone! I know it’s been a while since I last contributed to the blog and I would like to apologize for that but I’ve been pretty busy over the past 6-8 months. So, to make amends, I updated the blog’s look and feel and I hope you will like this new version, which is…
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LINQPad, an essential tool for .Net programmers
Good evening everyone, Since I started this blog I wrote a few posts about computer science and programming in particular, but I recently realized that I hardly ever discuss which tools I recommend. The reason why I thought it was a waste of time is because most of the time, blogger will talk about a…
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CFA Level III, here I come!
Good evening everyone! I know it’s been a long time since I last posted on the site and I would like to apologize for not having been adding new content since the end of May. Quite frankly the reason why I’ve been away from the blog from a long time is twofold. First, I am…
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CFA Level II: Valuating Bonds with Embedded Options
Good evening everybody, Tonight’s focus will be dedicated to valuing bonds with embedded options. I chose this topic because it involves binomial trees, which is an important an very testable point of the Level II curriculum. Binomial trees are encountered in two different topics: Fixed Income and Derivatives. Although the concept is the same for…
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CFA Level II: Forward Markets and Contracts
Good evening, A few days away from the exam, I am taking a bit of time to post the main picture of some topics on the curriculum, which I think can be simply explained. This post is dedicated to forwards. The rationale behind forwards is very simple. Assume there is an asset $S$ which is worth…