April 9: Lecture on "Life ¡­

April 9: Lecture on "Life Table Risk" in "Integrating risk from many sources" (45 minutes). Exercises (two times 45 minutes) on "duration" (Exercises 15.6.1,2 with "duration introduced on p. 24 in "Integrating risk from many sources"), "Vasicek bond prices (Exercises 15.3.1,2, read p. 8,9 for preparation) and finally asset/liability simulations (Exercises 15.6.4,6,8). Two new R-functions can be downloaded to help you solve the exercises.