Write a program that reads a text file containing a set of test scores. Each line in the file contains three scores of a specific student. For example, the first line has the scores for the first student, the second line has the scores for the second student, and so forth. Average the scores of […]

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A variable annuity (VA) is a popular life insurance product created by insurance companies. The companies often apply hedging to mitigate the financial risk. In order to predict the performance VA products, insurance companies need to use Monte Carlo to calculate the Greeks (i.e., the sensitivities of the fair market values of the guarantees on […]

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