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May 23, 2020 at 18:22 comment added dismalscience Yeah, sometimes people use the frame of reference of the dealer, and sometimes they use the frame of reference of whoever they’re focusing on, dealer or no, and so the RP and RRP can get flipped when talking about a fund or other dealer counterparty.
May 22, 2020 at 11:52 comment added mathsquestions1 Please see edit #1. Hope this helps!
May 22, 2020 at 11:51 history edited mathsquestions1 CC BY-SA 4.0
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May 22, 2020 at 10:51 comment added user27846 Thank you for your response! Do you have any idea why the instructor on Khan Academy may have switched it around in his video (see above)?
May 22, 2020 at 9:34 history answered mathsquestions1 CC BY-SA 4.0