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  • The Impact of Fair Value Accounting on the“Normal” Rate Curve—A Speculation
    The Impact of Fair Value Accounting on the“Normal” Rate Curve—A Speculation The author speculates ... #7 adopted by the U.S.-based Financial Accounting Standards Board in February, 2000. I speculate that ...

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    • Authors: Jeremy Gold
    • Date: Oct 2002
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Risks & Rewards
    • Topics: Financial Reporting & Accounting>Fair value accounting; Financial Reporting & Accounting>International Accounting Standards Board [IASB]
  • The Bullet GIC as an Example
    The ... of an example. 1 Consider a security with price S, that will pay either Su or Sd in one year. We can ... ppp = −− λπ ( )r ZSpSpS du +1 ])1(+[ = −− ( )S du r SpSpS ëó+1 ])1(+[ = + − (1 + r + λσs ...

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    • Authors: Jeremy Gold, David F Babbel, Craig Merrill
    • Date: Feb 2001
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Risks & Rewards
    • Topics: Financial Reporting & Accounting>Fair value accounting