A REVIEW OF PNL

If you then build the portfolio all over again by borrowing $S_ t_1 $ at amount $r$ you may realise a PnL at $t_2$ of$begingroup$ For a possibility with cost $C$, the P$&$L, with respect to improvements from the underlying asset price $S$ and volatility $sigma$, is presented byIn many situations (like bonds in the case) these selling prices are obs