What do you mean by financial reengineering-02256
This subjective question is related to the book/course
vu mth302 Business Mathematics & Statistics.
It can also be found in
vu mth302 Mid Term Solved Past Paper No. 2.
Question 1: What do you mean by financial reengineering?
Answer:
- o Financial engineering refers to the practice of using derivatives as building blocks in the creation of some specialized product.
- o Derivatives can be stable or volatile depending on how they are combined with other assets
