Hi all, I am writing my thesis and I need an advice on how to convert a Brownian Bridge in discrete time. Any suggestions would be great. Thanks.

Hi. I am soon going to start my first job at Bear Stearns Fixed Income class. I would be really interested in hearing from someone that works there. Thanks.

<t>"If there is a glut of bricks, so I lend someone $100 to buy bricks and build a house, the hoped-for sale profit of the house can now be sold as equity. So by bidding up the price of bonds, and stimulating people to create new bonds to supply me with, do I stimulate at the same time a production ...

<t>Can we prove it like this: The Prob. of picking a set of the same color is 1/2. We split the set N to two different subsets. Thus we would get with Prob. =1 a subset that is of the same color and a subset containing both colors.If we had less than N-1 red balls, or more than 1 white balls in the ...

<t>I was thinking that we could try to get the chances of a card getting drawn in every round conditional on the chance of getting drawn with two cards that are either to the left or to the right. so for 3 the chances of making it to second round would come up to 1 - 1/13*11/12*10/11. Then we can go...

The one I was thinking comes like N!*2^(N-1). It works well for n=2. For n=3 I would get 24 which is just half of what you get. Why is that not ok?

Why not N for the first, N-1 for the second, change row or column and have 2 picks for the first and N-2 for second, third row and column with 2 and N-3 and so on.

I think we have lost plane 2 around the 75 degree west anyway. If it should fly from 45 to 120 and back to 60 on a 2/3 tank.