the basis trade includes two substantially opposing positions on similar instruments. The hedged position exists because the futures price tends to track the cash price of the underlying instrument. The hedged nature of the basis trade typically limits losses in situations where long term interest rate...
Percentage of completion is the accrual-basis accounting method used to account for long-term contracts. Percentage of completion does not recognize revenue \when payment is received for the total completion of long-term contracts, but over the term of work on the project. It does so through as...
Asia, we still see our overall cost of credit in Asia bumping at most up to 1% – 100 basis points in the near term. You take a look at where we're running right now and it's well below that. We've given you our target for what we think Latin America will settle out at, ...
(5) In the above, the regularization parameter controls the trade-off between the first data- fitting term and the second regularization term, which favors a small nuclear norm of the reconstructed matrix. The latter requirement is often related to getting a small rank of the obtained optimal ...