A model with unobservable inputs gives 4,100,000 at the acquisition date of an instrument paid 4,300,000, a price regarded as its initial fair value (case data). Which of these analyses of calibration is wrong?
A model with unobservable inputs gives 4,100,000 at the acquisition date of an instrument paid 4,300,000, a price regarded as its initial fair value (case data). Which of these analyses of calibration is wrong?