This paper proposes an alternative solution to the problem related to the risk that banks incur in the protection of deposits. This solution lies in the use by banks of contingent convertible leasing contracts to face financial distress situations by solidifying their own funds and thus...

We study a convertible procurement contract that combines two prevalent fixed-price and cost-plus contracts. After the project begins, the contractor may invest in more accurate cost information that can be further used as evidence to convert his initial fixed-price contract into a cost-plus...

This note demonstrates how a covariance matrix estimated using log-returns of multiple assets in their respective base currencies can be converted directly into a covariance matrix in a single common currency using basic matrix multiplication. This approach eliminates the need to compute returns...