<t>has anyone found out the inconsistent in the excel?for UnconditionalDefaultProbability, after T1, T2 and T3, in T4, the formular is suddenly changed, directly result in smaller ProtofolioLossDistagain, in PremiumLeg, in thesis, it specify (EL0+EL1)/2 however in the excel, it reads EL0+EL1/2has an...

thanks for your help, but can you point out some core references paper for me using jp model, so that i can be sure that i am in right direction.

i am trying to find the simply model to calculate probability of default, which is using the least input information (parameters)

thanks frattyquantwhich model i should use or look at if it is for real world?? you have any references for me to look at and study ?

<t>hello, in my CDS study and research, I am trying to calculate the distance-to-default and probability of default using the following formula:i understand in order to calculate DD, i am using B_S like model firstly result asset market value and assert volatilityi am not from financial background, ...