Kyrell Newell, Tanner Evans
Mueng Goshit, and Rocco Stefanini
Section I- Kyrell Newell and Rocco Stefanini
In general terms, a Credit Default Swap (CDS) is a derivative used as a form of
insurance by the buyer of the swap to protect against a non-payment.
The Recording Process
Describe how accounts, debits, and credits are used to
record business transactions.
Indicate how a journal is used in the recording process.
Explain how a ledger and posting help in the recording
The sample Sharpe Ratio statistic is defined as the proportion ratio of sample mean to sample
standard deviation. The underlying random variable are usually percentage change in security
prices. This key statistic has a Student T distribution
To make the problem simple and easy to be identified, I listed down all the
problems we are facing when choosing stocks to be in the portfolio. Right now,
we only choose the high Sharpe Ratio stock. By doing this method, stock picking