Status Updates From The Theory of Interest: As ...
The Theory of Interest: As Determined by Impatience to Spend Income and Opportunity to Invest It by
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Yao Dong
is 47% done
It is definitely hilarious, also inspiring, to read how the author develops mathematical models for year-to-year interest rate and makes statement that the interest between two years in the future has no practical use. It was not practical a few decades ago, but something the financial market now does every day (interest future contracts). How fast the market has evolved!!
— Jan 19, 2016 12:15AM
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