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. Agenda. Explanation of the term structure. Illustration of the Cox-Ingersoll-Ross (CIR) model. Presentation of our research. Conclusion. . To Borrow and To Lend. The future is always indeterminate . so in borrowing activity there are two problems:. 1) The uncertainty. 2) The temporal procrastin
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1. Static and Dynamic Approach to the Cox-Ingersoll-Ross (CIR) Model and Empirical Evaluation of the Market Price of Risk Luca Torosantucci – Adamo Uboldi