Abstract: A method for determining the implied volatility of a swap option employs intuitive factors to arrive at a close approximate of volatility. The volatility curve is a convex shaped curve which more closely follows real market volatility than previous methods. The slope of the curve is provided by employing a premium model which allows for a correlation between rates and volatility. The convex shaped curve is arrived by assuming a lognormal distribution for the underlying volatility.

Abstract: A method for determining the implied volatility of a swap option employs intuitive factors to arrive at a close approximate of volatility. The volatility curve is a convex shaped curve which more closely follows real market volatility than previous methods. The slope of the curve is provided by employing a premium model which allows for a correlation between rates and volatility. The convex shaped curve is arrived by assuming a lognormal distribution for the underlying volatility.

Abstract: A method for determining the implied volatility of a swap option employs intuitive factors to arrive at a close approximation of volatility. The volatility curve is a convex shaped curve which more closely follows real market volatility than previous methods. The slope of the curve is provided by employing a premium model which allows for a correlation between rates and volatility. The convex shaped curve is arrived by assuming a lognormal distribution for the underlying volatility.

Abstract: A photoconductor with a charge transport layer having about 20-25% by weight of 4-N,N-bis(4-methylphenyl)-amino-benzaldehyde-N?,N?-diphenylhydrazone is in an essentially standard resin binder, such as a polycarbonate resin binder. Electrical characteristics are those of the larger amounts using conventional charge transport agents, and the larger amount of binder provides much improved wear resistance and consequently longer useful life of the photoconductor. Charge transport layers with only the foregoing bis-methyl material do exhibit moderate fatigue upon exposure to light. However, this can be overcome by adding 0.5% or less of a fluorenyl-azine as a light absorber, specifically 9-(p-diethylaminobenzylidenehydrazono)fluorene, in the charge transport layer. No antioxidant is required for electrical stability improvement.