Do not need fedge factor to do the calibration?

I am sorry that I sumbitted several times, I am new here.Who can tell me how to delete them?Thanks

<t>Yeah. I know what you were saying are correct, but how can we find a strike price to make them equivalent?Do you know any paper talking about this idea?QuoteOriginally posted by: PatSince a cap is equivalent to a portfolio of options (each caplet is equivalent to a put on the corresponding 3m rat...

<t>Yeah. I know what you were saying are correct, but how can we find a strike price to make them equivalent?Do you know any paper talking about this idea?QuoteOriginally posted by: PatSince a cap is equivalent to a portfolio of options (each caplet is equivalent to a put on the corresponding 3m rat...

<t>Yeah. I know what you were saying are correct, but how can we find a strike price to make them equivalent?Do you know any paper talking about this idea?QuoteOriginally posted by: PatSince a cap is equivalent to a portfolio of options (each caplet is equivalent to a put on the corresponding 3m rat...

Why in single factor model we can think an option on cap as a portforlio of compound option?How to show it formally?

What is BGM? Sorry for my ignorance. I am thinking of using Ho-Lee included Fudge factor to calibrated the market. But not sure whether it works. Can you suggest some paper or work I can find to read?

<t>What is BGM? Sorry for my ignorance. I am thinking of using Ho-Lee included Fudge factor to calibrated the market. But not sure whether it works. Can you suggest some paper or work I can find to read?<blockquote>Quote<hr><i>Originally posted by: <b>Nonius</b></i><blockquote>Quote<hr><i>Originally...

Caption is the option of cap, how to use Binomial (Ho-Lee) or Montcalo to price it? Does anyone know any paper for the formula of it?

<t>Have you decided to go for Columbia FE?I chose there partly because of Dr. Derman. Maybe I can see you in July, .Send me a private message if you would like to. q]Originally posted by: futurequantAnyone out there still trying to decide between Columbia FE and another Math Finance program (NYU, Ch...

I think they have already sent out the admission lately since they informed us by emai saying that program will begin in July, not in September as shown in the admission letter

I got admission from Columbia FE and decided to go for it.

Can you tell me which courses you have taken during this year?

Not yet,