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Another question that recent analyst hires often report receiving. This is a relatively easy one: pair up the numbers into groups of 51 (1 + 50 = 51; 2 + 49 = 51; etc.). Twenty-five pairs of 51 equals 1275.

• What are the importance of internal audit to the organization?

• Whats are the importance of evaluating an internal audit department?

• What are the basic principles of an internal audit controlsystem?

• What is the difference between static SABR and dynamic SABR models?

• What is the difference between implied volatility and local volatility?

• What is the major difference between Vasicek model and Extended Vasicek model?

• How do we remove non-stationarity of a time series?

• What is meant by Actual/360 or Actual/365 convention?

• What is the meaning of a process having more than one unit root?

• Why do we ignore the case of rho coefficient more than 1 in unit root analysis of financial time series?