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The competition is three hours long. There are five questions on the CMO, each worth seven marks, for a total of 35 points. Each problem is graded the same way as it is on the IMO. From 1969 to 1972, the CMO was ten questions long. In the 1970s, the exam length changed a number of times before finally stabilizing to five questions in 1979.
Students who perform well on the CMO are selected for Math Team Canada, which represents Canada at the International Math Olympiad (IMO) the following summer. Approximately the top 50 COMC students are invited to write the CMO. The next approximately 75 COMC students are invited to write the CMO Qualifying Repêchage.
This article focuses primarily on CMO bonds as traded in the United States. The term "collateralized mortgage obligation" technically refers to a security issued by a specific type of legal entity dealing in residential mortgages, but investors also frequently refer to deals put together using other types of entities such as real estate ...
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Smale's problems is a list of eighteen unsolved problems in mathematics proposed by Steve Smale in 1998 [1] and republished in 1999. [2] Smale composed this list in reply to a request from Vladimir Arnold, then vice-president of the International Mathematical Union, who asked several mathematicians to propose a list of problems for the 21st century.
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