Hey Below are the table I created to undersatnd TSECF and TSECCF clearly could you please chack and let me know if my understanding is correct.
Table 1:
Month
Asset
Interest on Asset1 (Loan)
Interest on Asset2 (Bond purchase)
Sale of Asset (Loan Repayment)
Asset Cash Flow
1
-20.00
Brought in...
In the study note there is a formula for optimal unwind of position on page 8 (reading 66) screenshot attached.
My question is
1.What does the lamda and V stand for in these formulae, in GARP curriculum i cannot see these parameter
2. Sumation q = V what is this formula; can you give example...
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