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All the Perl that's Practical to Extract and Report

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  • I had the hardest time in my Numerical Methods class. Had to repeat it, because it was much more interesting to plan six months abroad than deal with math.

    Turns out that the first project on my first job out of school had to do with doing Yield-to-Price calculations on fixed rate bonds. And that meant doing using Newton's method. Funny thing is, until that point in time, none of that had any meaning. Once I had an application for Newton's method, it all cleared up (and I had to explain it to my colleagues, who were still hacking around with the binomial method).

    It also was the crux of a big boost in performance for this one piece of software; it saved seconds per calculation, which really started to add up when you have dozens or hundreds of bonds to reprice.