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For example, for bond options [3] the underlying is a bond, but the source of uncertainty is the annualized interest rate (i.e. the short rate). Here, for each randomly generated yield curve we observe a different resultant bond price on the option's exercise date; this bond price is then the input for the determination of the option's payoff.
Numeric literals in Python are of the normal sort, e.g. 0, -1, 3.4, 3.5e-8. Python has arbitrary-length integers and automatically increases their storage size as necessary. Prior to Python 3, there were two kinds of integral numbers: traditional fixed size integers and "long" integers of arbitrary size.
Turbo codes, as described first in 1993, implemented a parallel concatenation of two convolutional codes, with an interleaver between the two codes and an iterative decoder that passes information forth and back between the codes. [6] This design has a better performance than any previously conceived concatenated codes.
In financial economics, contingent claim analysis is widely used as a framework both for developing pricing models, and for extending the theory. [6] Thus, from its origins in option pricing and the valuation of corporate liabilities, [7] it has become a major approach to intertemporal equilibrium under uncertainty.
In programming languages (especially functional programming languages) and type theory, an option type or maybe type is a polymorphic type that represents encapsulation of an optional value; e.g., it is used as the return type of functions which may or may not return a meaningful value when they are applied.
The Zen of Python is a collection of 19 "guiding principles" for writing computer programs that influence the design of the Python programming language. [1] Python code that aligns with these principles is often referred to as "Pythonic". [2] Software engineer Tim Peters wrote this set of principles and posted it on the Python mailing list in ...
[3] The terms future , promise , delay , and deferred are often used interchangeably, although some differences in usage between future and promise are treated below. Specifically, when usage is distinguished, a future is a read-only placeholder view of a variable, while a promise is a writable, single assignment container which sets the value ...
contingent if it is not necessarily false and not necessarily true (i.e. possible but not necessarily true); impossible if it is not possibly true (i.e. false and necessarily false). In classical modal logic, therefore, the notion of either possibility or necessity may be taken to be basic, where these other notions are defined in terms of it ...