I’ve uploaded some spreadsheets to help you with:
- Understanding conversion factors.
- Convexity adjustments.
- Solving Problem 3.23.
- Understanding the relationship between futures and expected spot using CAPM (from Chapter 5).
See the sidebar to the right (Lectures 6, 7 and 8).
I’ll be talking about #s 1, 2 and 3 in class today. See you then.