My file displya fine when I use Dvi.
However i need to send it to my supervisor as pdf and I when I use LatEX=>pdf none of the .eps pictures I included appear?
How can I fix this?
Code: Select all
\documentclass{article} % Your input file must contain these two lines\usepackage{natbib}\usepackage{amsmath}\usepackage{amsfonts}\usepackage{bm}\usepackage{grffile}\usepackage{graphicx}\usepackage[%font=small,labelfont=bf,figurewithin=section,tablewithin=section,tableposition=top]{caption}\numberwithin{equation}{section}\makeatletter\def\env@matrix{\hskip -\arraycolsep\let\@ifnextchar\new@ifnextchar\array{*\c@MaxMatrixCols l}}\makeatother\begin{document} % plus the \end{document} command at the end\parskip = 1pc %change spacing between paragraphs\parindent = 0pc %change paragraph indentation\section{Introduction}\section{LMM}\subsection{Introduction} % This command makes a section title.The Black model was already well established in the interest rate market. This allowed trader to price caps and swaptions individually i.e. in their own specific measure. However there was no framework to price caps swaptions or any other LIBOR product of a different maturity (and so measure) consistently. The seminal work of Heath, Jarrow and Morton (1992) whose great insight was that the no arbitrage of the state variables (e.g.) forward rates could be expressed as a function of the volatilities of and correlations between the state variables themselves. The HJM was originally cast is terms of instantenous forward rates, which don't actually trade in the market, also a point raised in the HJM paper was that in the continuous time limit for truely instantaneous and log-normal forward rates, their process explodes with positive probability. This lead early implementation of the approach that tried to steer clear of log normality: this was inconsistent with the already widely accepted Black approach and ultimately proved to be a dead end.A new approach besed on HJM and first described in the papers by Brace et al(1996), Jamshidian(1997) and Musiela abd Rutkowski (1997) appeared in the mid 90's.\begin{itemize}\item Recast the yield curve in terms of market observable discrete sets of foreard rates\item The no arbitrage drifts for the forwards were translated from the continuous time HJM setting tothe new discrete setting.\item a numeraire had to be chosen (in early attempts this a discretely compounded money market account was invented, but forward and swap measures soon followed.\item the log normal distribution assumtption for forward rates was introduced\end{itemize}