What's the expected number of 1-runs when tossing a fair coin 100 times;
where 1-run (for heads) is defined as HT or H for the last toss;
for example: THHTHTHTTH has 3 1-runs.
What's the market practice regarding collateral posting for asset swaps. I would think that mark to market of (Libor+spread - coupon payments) is computed and corresponding collateral is posted i.e. bond price is not relevant.