<t>I like your question actually, don't let anyone tell you otherwise...Here is the story...(if you don't understand, feel free to ask, or if you want to think hard, read *the* book on Probability for able undergraduates..."Probability with Martingales" by Williams, from CUP)"call your 2 coins X_1 a...

gut feeling for 2 is that the intersection is a sphere of radius 1 , so its 4/3 pi

<t>I see your problem.Traditionally, trinomial trees are not used to find the discount curve from swap rates (afaik) although there is no reason why you cant I suppose...you'd need to back out the vol parameters in the usual way (using caps) , then choose the constant drift that best matches your sw...

Hmm, i might be able to guess what you were going to say...in relation to the MS rather than the DPM ?

<t>Dr Ben, I think this is the second time you've brought this analysis thing up...Gowers does combinatorial analysis, and is a Fields Medallist, so perhaps he deserves his chair.Analysis is a broad field you know...In any case, is the Rouse Ball Professorship a specifically analysis post? I though ...

It seems I?ve inadvertently triggered a wave of reflection and contemplation.I know what you mean though, I sometimes find myself looking wistfully at the innocent Freshers (and not just with perverse intentions (O: ).

When did you matriculate? (If you don't mind saying)

Perfect, thanks!

Does anyone know how to get the script F's in LaTeX that usually denote sigma algebras in a Filtration?I?ve had a look through my Not So Short guide, but haven?t spotted anything.Thanks

<t>Well, yes, it was a big margin of victory for Cambridge, but the race was marred by an early clash, which, to some extent, was the fault of the Oxford Cox. The Oxford Bow man came off his seat, and missed about 3 strokes.Other than that, it did seem Cambridge were the faster crew, as they were ab...

Thanks againOh, commiserations about the boat race, better luck next year...

So to clarify, my suppposition was true?Thanks

So , e.g. if we have a 2 year cap quoted ATM with semi annual resets, then this means the strike for each constituent caplet is the current 2 year par swap rate with semi-annual payments?

Its ok - Malcolm is as interesting as everAre you an Ex Churchillian?

A correct inference