ALTA ALTA Standard Folio Data IPL-Lognormal

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Standard Folio Data IPL-Lognormal
ALTA

The IPL-lognormal model pdf can be obtained first by setting = L(V) in Eqn. ( 30). Therefore:

[math]\displaystyle{ \breve{T}=L(V)=\frac{1}{K*V^n} }[/math]

or:

[math]\displaystyle{ e^{\overline{T'}}=\frac{1}{K*V^n} }[/math]

Thus:

[math]\displaystyle{ \overline{T}'=-ln(K)-n ln(V) }[/math](8)

IPL-Lognormal



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