Learn how convexity adjustments in bonds affect interest rates and prices using key formulas. Understand their importance in accurately predicting bond price changes.

Abstract: In this paper, we propose a data-driven strategy to iteratively find the state feedback gain matrix solving a Linear Quadratic Regulator (LQR) problem in a model-free fashion, i.e., under ...

Indian mathematician Srinivasa Ramanujan’s formula for Pi can help with calculating black holes, studying percolation, or ...