$ While in the "function scenario" you liquidate the portfolio at $t_1$ realising its PnL (let me simplify the notation a little) $begingroup$ Assuming you are Doing work for any lender, you will discover a few distinctive P&Ls depending upon the purpose/ use: Ie: If We all know the inventory https://keeganlhzqj.blogunteer.com/33071986/not-known-factual-statements-about-pnl