The observer design pattern is a classic design pattern that lets objects, called observables, notify a number of dependant objects, called observers, when a change of the observable’s state occurs. This is often used in distributed event handling systems and…
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Dividends are a simple form of cash flows in which a predetermined amount of money is paid out at a specified date. There are two types of dividends, the fixed divided and the fractional dividend. The fixed dividend pairs out…
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QuantLib defines an abstract class called TermStrucure. This class defines the base for any kind of term structure. The TermStrucure class is inherited by a number of classes such as YieldTermStructure, InflationTermStructure or DefaultProbabilityTermStructure. The YieldTermStructure defines the base for all…
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