Category Fast answers

Fixed income

How should receivable-backed securities be priced in terms of spread over US Treasury securities? What are the important pricing determinants? Propose a spread and defend your proposal. Stress-test this securitization, i.e., check whether payments to investors will occur as planned…

Philosophy

Suppose someone tries to show that we should believe God exists like this: Any proposition is either true or false. Thus, there is a 50% chance that any proposition is true. Since “God exists” is a proposition, there is at…