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Equity-Indexed Products: Managing the Beast
change in some underlying base. Delta is the primary greek. You've probably heard the term "delta ... market goes up or down, I lose money. This is in direct contrast to the kappa or gamma number, which ...- Authors: Anson Glacy, Stephen Stone, Jeffrey J Lobo, Andrew S Chow
- Date: Oct 1998
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Equity-indexed annuities; Finance & Investments