If you re still here,I am very interested in getting a copy of your thesis too because i am workin on a similar projectwdido@hotmail.comThanks for your help

I sent him an email.Wiating for his response.Thanks.

<t>Hi Everyone,Any paticular recommendation on how to price an option on a basket on commodities?I am especially concerned on the volatility aspect (let us forget about the correlation...)Let us say all underlyings of the index are mean reverting and have volatility curves in backwardation.How would...

I trust you for the calculations My solution is also possible, I ve also had other possible solutions,But we never thought of using the same planes to go east, hence my error...Thanks a lot.

Unless u say that planes C and D anre the same that already participated in the first part,that case it is 3, I agree.This is what u mean??I didnt even see that coming, ur completely right!Thanks.

Here you are.I dont see how u can do it with less planes.The fuel is only on the island and can be carried by the planes.No speed assumptions can help us, we just want to get one plane travel around the world.Can you post your solutions as well?

I just got to 5...This is a UBS riddle by the way, if that might increase the number of posts..And I think it is optimal (as we cant do less)

<t>Facts:You are in an island with an unlimited number of planes and an unlimited amount of fuelEach plane can travel half way around the world on a full tank of fuelPlanes can only land/take off from the islandYou are required to make a plane go around the world using the least number of planesAssu...