just saw it, sorry my apologies.

x to the power of x to the power of x to the power of x and continued infinitely EQUALS 2. What is xShould it not be infinitely close to 1 from above? Any better answer to give to an interviewer?Thanks.

<t>What if I only have an ATM implied vol swaption matrix (maturities and swap tenor). I have access to bloomberg but I assume bloomberg does not provide any implied vols for a given (example, 1y1y) swaption over different strikes?Any ideas how to get those data? Otherwise I dont see how I can fit t...

<r>QuoteOriginally posted by: INFIDELIt's low, but so is the tax rate: about 15%. I'd be more worried about starting my career a long way from the action (the City and NY). Also, surely HK would be preferable to SG?I beg to differ. I think you should not generalize saying its always better to start ...

<r>QuoteOriginally posted by: sunyaI would never work at Barclays unless you are not interested in switching to business. Publishing is not the sign of a good bank I think. Rather the opposite in some sense. What counts according to me is the power of the quants on managing the book. Whether they ar...

<t>Bakarax,Thanks for the feedback. Your point about lower variance game makes sense and I think there are different puzzles that make this the focus of the solution, however, I think that this is not at the heart of this particular problem. Either I am overlooking something or the problem was incor...

<t>After some more thinking I am not sure anymore whether the interviewer maybe posed the question incorrectly or misled me intentionally. My first answer was an expected payoff of 60 and because of that I want to play the game for 55. Then when he said it is wrong I thought about pricing it in a ri...

<t>Well, isnt it similar to pricing an option under risk-neutral assumptions?The real probabilities would not matter in that case, would they....I am just having trouble understanding how to set up the "replication", meaning, what amount to invest in what in order to end up hedged no matter which po...

<t>1. No, you pay 55 not 50 and if the ball gets into a black pocket you win 100, else nothing. 55 is the price you pay in real life or charge in real life for this game. 2. That was not specified. I should have asked, obviously. But I guess the bet size can vary because before the interviewer jumpe...

<t>I was asked this question recently in an interview:Interviewer:"I have a roulette game and I offer you a game for 55 dollars. However, the roulette is biased. Black comes up 60% of the time and red 40% of the time. Also, there is no zero, so 18 black and 18 red. You win 100 dollars if you play an...