simple description of credit variance swap?
595985
Sorry I dont have any idea what that is
252738
email investor relations for Credit Suisse.. that is the easy way and they should come through with the info or a link.\n\nfaster way would be dashing down to your local library and hitting the microfiche (do they still have those?) for old newspapers or the Business Reference section for old S&P or Moodys books on splits and dividends. wake the librarian up and ask them to help.
649208
S/He's right.  It's too vague at the moment - you need to actually get some figures to be able to do anything meaningful.\n\nThen to compare them, you could look at a scenario where by you buy one item and just pay the minimum each month to see how long it will take.\n\nYou can then plot a graph showing the outstanding amount for the two cards (PS don't forget the fees!) - this will then compare them.\n\nThen you could expand your investigation for different scenarios (eg pay off everything each month, pay off everything every other month, pay off twice the minimum recommended amount, transfer a balance and do nothing else until you have to pay it off...)
409650
you sell 100 shares of a stock that u have have at $1; u would have $100 in your margin account. When the company file by bankrupcy, the stock would be worthless. Let say it would trade for 2 cents; u buy it back for 2 cents to cover margins. u would have a profit of $98 minus commision and margin interest.
603801
It is reasonable for a web site to display daily highs and lows for specific securities, but the validity of such figures for a portfolio of multiple securities is questionable.\n\nA simplified approach would be just to add up all the daily highs for each security and show that as the daily high of the portfolio, and do the same for the daily lows, but since the different securities were presumably traded independently during the day, unless the software has records of every trade for every security for the full day, it is impossible to know what the value of the portfolio was at any time, and the software cannot know the true max and min values.
686768
This is an online simulator that lets you punch in variables to see how it will effect your FICO score.  I've found it very helpful & your score does quickly rise when you pay on time & more than the minimum balance on credit cards.\nhttp://www.providian.com/cmc/fico_simulator.htm
1148875
The *right* way to figure this out is to use an algebraic\nformula, but I think it's easier to visualize if you use a\nspreadsheet.\n\nIt's slightly difficult to present a table in Yahoo Answers\nbecause everything is jammed hard against the left\nmargin.  [I'm not sure why that's a feature.]  To help\nreduce the column misalignment, I displayed all of the\nnumbers with a constant width (ie. with leading zeros\nwhen necessary).  Bottom line is that you'd have\n$30344.87 at the end of eleven years.\n\nYear == years since start of account (in half year increments)\nRate == interest rate\nBalance == running balance of account\nInterest == interest payment for previous 6 months\n\n\nYear    Deposit     Rate   Balance  Interest\n\n00.00    820.00     0.000  00820.00   0000.00\n00.50    820.00     1.050  01681.00   0041.00\n01.00    820.00     1.050  02585.05   0084.05\n01.50    820.00     1.050  03534.30   0129.25\n02.00    820.00     1.050  04531.02   0176.72\n02.50    820.00     1.050  05577.57   0226.55\n03.00    820.00     1.050  06676.45   0278.88\n03.50    820.00     1.050  07830.27   0333.82\n04.00    820.00     1.050  09041.78   0391.51\n04.50    820.00     1.039  10214.41   0352.63\n05.00    820.00     1.039  11432.77   0398.36\n05.50    820.00     1.039  12698.65   0445.88\n06.00    820.00     1.039  14013.90   0495.25\n06.50    820.00     1.039  15380.44   0546.54\n07.00    820.00     1.039  16800.28   0599.84\n07.50    820.00     1.039  18275.49   0655.21\n08.00    820.00     1.039  19808.23   0712.74\n08.50    820.00     1.039  21400.76   0772.52\n09.00    820.00     1.039  23055.38   0834.63\n09.50    820.00     1.039  24774.54   0899.16\n10.00    820.00     1.039  26560.75   0966.21\n10.50    820.00     1.039  28416.62   1035.87\n11.00    820.00     1.039  30344.87   1108.25\n\nAdditional comment:\n\nOh man, I messed this up.  Thanks to "Mark Taranto"\nfor catching and correcting my mistake.  \n\nI took yet another look at this and want to\nwork through it carefully.  We appear to have\nas many different answers as there are people\nsubmitting solutions.\n\nOn day 1, Joanne put in $820, so that's her's balance.\n\nAfter 1/2 year, the bank would add half of 5% interest,\nwhich is 820*.025 = 20.50 and Joanne would add another \n$820.  So after six months, she would have:\n\n$820 + $20.50 + $820 = $1660.50\n\n\nAfter one year, the bank will again add half of 5% as\ninterest, which would be $1660.50 * 0.025 = $41.51.  \nThen Joanne would add $820, so the new total would be:\n\n$1660.50 + $41.51 + $820 = 2522.01\n\nContinuing this process in the spreadsheet, the\nfinal result after 11 years is:\n\n$23809.46\n\nThe corrected spreadsheet follows:\n\nYear  Deposit  Rate    Balance  Interest\n\n00.0  820.00  0.0000  00820.00  000.00 \n00.5  820.00  0.0250  01660.50  020.50\n01.0  820.00  0.0250  02522.01  041.51\n01.5  820.00  0.0250  03405.06  063.05\n02.0  820.00  0.0250  04310.19  085.13\n02.5  820.00  0.0250  05237.94  107.75\n03.0  820.00  0.0250  06188.89  130.95\n03.5  820.00  0.0250  07163.62  154.72\n04.0  820.00  0.0250  08162.71  179.09\n04.5  820.00  0.0250  09186.77  204.07\n05.0  820.00  0.0195  10185.92  179.14\n05.5  820.00  0.0195  11204.54  198.63\n06.0  820.00  0.0195  12243.03  218.49\n06.5  820.00  0.0195  13301.77  238.74\n07.0  820.00  0.0195  14381.15  259.38\n07.5  820.00  0.0195  15481.59  280.43\n08.0  820.00  0.0195  16603.48  301.89\n08.5  820.00  0.0195  17747.24  323.77\n09.0  820.00  0.0195  18913.31  346.07\n09.5  820.00  0.0195  20102.12  368.81\n10.0  820.00  0.0195  21314.12  391.99\n10.5  820.00  0.0195  22549.74  415.63\n11.0  820.00  0.0195  23809.46  439.72
1160560
This is a Van Kampen portfolio.  The symbol is CETD0023 and the cusip is 92117W544.  The offer price was 10.00 on 6/13/2006.  You can get more info at www.vankampen.com
76283
Hi there.\n\nRead this article i wrote..hope it will help.\nhttp://www.amazines.com/article_detail.cfm?articleid=76237&Title=forex%2Cbroker%2Ccurrency%2Ctrading\n\nGood luck
868924
This is the Black-Scholes option pricing formula that is used to price European-style options.\n\nN(d2) and N(d1) are taken from the normal probability distribution tables. You are missing two more formulas there. That is, there's a separate formula for d1 and d2. See here for them:http://en.wikipedia.org/wiki/Black-Scholes\n\nOnce you have all the variables, just plug them in and get your option price.
902083
V1P1/T1=V2P2/T2\nLets set up.\n\n38*4.65/35=55*P2/4\n\ncombine your multiples and " cross multiply\n\n0.0367 atm  makes sense
702204
Wikipedia actually does a pretty good job describing them...\n\nhttp://en.wikipedia.org/wiki/Credit_derivative\n\nNow there has been lots of buzz because there are trillions of dollars of US-based credit derivatives outstanding.  The buzz is because of systemic risk.  That is, if the economy turns sour quickly, the default rates will risk putting a significant part of the speculative end value at zero.  If a hedge fund has levered up and has significant exposure to them, there is chance that significant economic downturn can cause the hedge fund to implode - causing another "Amaranth".\n\nIn terms of how do you use them?  You, as a mere mortal, almost certainly can't.  Credit Derivatives are non-standardized "over-the-counter" securities.  That is, you are buying a specific credit risk (or bundle of credit risks) specific to the underlying security (e.g. someone's chances of defaulting on a loan).  Since they are non-standardized - they are not listed on any exchange. \n\nYou can go long or short on them, but you are going to need lots of capital to get started, a way to access the closed market (e.g. you are a bank, a hedge fund with connections) and a working knowledge to keep from losing your shirt. \n\nThey are primarily used as a hedging tool for the natural long position on credit securities (e.g. the bank).  The bank then packages the loans, splits the loan into different risk tranches (e.g. Z-tranche). In this case, a bank would want to sell off the Z-tranche (the tranche left holding the bag if the loanee defaults) to lower their credit risk.  \n\nCredit derivatives are also used as speculative investments. Investors can buy tranches that are priced attractively, seeking to pick up the profit differential between (for example) the cash flows received net of defaults and the price paid (which has an implied default rate).
973688
In short, assume probability distribution of rates at a given point of time in future is normally distributed. From the graph, you can read off the rates you are looking for. 25% points on either sides of the mid point would be the best and worst case scenarios while the mid point would be the typical scenario. Use the rates you get to compute NPV. Sigma would be the vols at which caps/floors/swaptions are priced for the tenor of the cash flows.
229378
MSN.COM has information.  I did a graph of the Euro as an example.  However, most people who play with Forex lose money.  Watch out for the scammers. (See Link 3)
96498
http://www.municipalbonds.com/\n\na good place to check out state by state current trades with yields and prices. use this to compare offerings from various discount brokerage firms. i prefer to buy new issues only. many discounters have an email service that lets you know what is coming out.
351428
Looking at USD Swap rates, 01-Oct-2003, 12 month rate was 1.24%, 24 month rate was 1.75%.  By the end of the month rates had risen to 1.48% for 12M, 2.17% for 24 months.\n\nA normal person wouldn't have been able to attain these rates though, these are the interbank rates.
886946
Try tradestation. They charge $7 a trade...and thats it. Firms charge you for everything from trades to withdrawals of your own money.