9. An electronic calculating device as in claim 8, wherein the main group has characteristic 2, and the second acting group has order 2, and the power (ht) of the generating element (h) in a generalized representation is at most the twice the order minus 1 (t≤2k−1), or the mai...
othersimplermodelsassume.Theannualizedbasis-pointvolatilityequalsσrandtherefore increasesasafunctionofthesquarerootoftherate. 85.Aninvestorexpectsthecurrent1-yearrateforazero-couponbondtoremainat6%,the1-year 47-205 ratenextyeartobe8%,andthe1-yearrateintwoyearstobe10%.Whatisthe3-yearspotrate forzero-coupo...