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Finally, this paper simulates an active trading strategy based on the embedded information of the term structure movements. And we conclude that, for both quasi money market fund and real bond fund, it can help to obtain better investment performance if the term structure movements are effectively predicted.

最后，本文以利率期限结构变化资讯为依据，模拟债券型基金的投资策略，实证亦发现无论是固定收益型或类货币型债券基金，利率期限结构变动的有效预测，将有助於投资人获取较佳的投资绩效。

Only through making this assessment will the attorney be able to conclude if the relevant risks were accurately identified and appropriately reflected in the discount and cap rate used.

只，代理人才将会能够总结是否有关的危险正确地被识别而且适当地在优惠反映了而且加帽于被用的比率。

Wei Hua companies to well-based services, with professional skills, excellent quality and stability for customers with the best cost-effective products that enable customers design, procurement work more easily, more peace of mind, we will try to conclude with the customer's long-term Cooperation relations and eventually achieve a win-win situation.

华伟公司以精良的服务为基础，凭借专业的技术、优良的品质，稳定为客户提供性价比最优的产品，使客户的设计、采购工作更轻松、更省心，力争达成与客户的长期合作关系，最终取得双赢的局面。

In this paper,we take TZ402 CIII oil group for example to show how water flooding affects horizontal well production dynamic of water-free oil production period and that initial stages and metaphase containing water is analyzed,in the end,we conclude that...

文章以TZ402CIII油组为例，分析了注水对水平井无水采油期、见水初期、中含水期生产动态的影响，认为注水是影响底水油藏水平井生产动态和开发效果的重要因素。

In this paper,we take TZ402 CIII oil group for example to show how water flooding affects horizontal well production dynamic of water-free oil production period and that initial stages and metaphase containing water is analyzed,in the end,we conclude that water flooding is an important factor affecting production dynamic of horizontal well and exploitation effect.

文章以TZ402CIII油组为例，分析了注水对水平井无水采油期、见水初期、中含水期生产动态的影响，认为注水是影响底水油藏水平井生产动态和开发效果的重要因素。

We can conclude that when he was sleeping someone must have cut the chain linking his wallet to his waist belt.

我们断定有人趁他熟睡之际割断了系在他腰带上的钱包的链子。

Larry Summers , now the top economic adviser in the Obama administration, once mocked finance professors with a parable about "ketchup economists" who "have shown that two-quart bottles of ketchup invariably sell for exactly twice as much as one-quart bottles of ketchup," and conclude from this that the ketchup market is perfectly efficient.

萨默斯，现为奥巴马政府头号经济顾问，曾经用一个&番茄酱经济学家&的比喻，嘲讽过金融学教授。这位番茄酱经济学家&证明了两夸脱瓶装的番茄酱所卖之价刚好两倍于一夸脱瓶装的番茄酱&，因此得出结论说，番茄酱市场是完全有效市场。

Recalling this experience, he stated,"visiting trumpet shell gorge for me is not only a magnificent tour of life, but also a experience of soul cleansing…… Whenever the Gong-ga snow mountain appears in my dream, I would arise spontaneously endless joy, and I would make a consider quietly and serenely what's the meaning of life……" Therefore, we can conclude that the plateau which is thousands miles away is the origin of Li-lei's poetic abstract works which produced in the survival space of Shanghai metropolis.

他在回忆那段经历时说：&游海螺沟对我来说不仅是一次生命的壮游，更是一次灵魂的涤荡……每当贡嘎山那雪白的影子从我梦里浮现时，我都会油然而生出无限的喜悦，在静谧与安详中思考：生从何处来，死往何处去……&也许由此能够理解，在上海都市生存空间中之所以能诞生李磊那些充满诗性的抽象艺术作品，原来其源头是在遥远的千里之外的高原之上。

According to the type and content of gas dissolved in transformer oil, it is easy to conclude the internal insulation faulty of transformer.

变压器油中溶解气体的成分和含量则能有效体现运行变压器内部的绝缘故障情况。

We will review successively some case law on transfer of ownership and then on licenses to conclude with some practical tips.

接下来我们将回顾有关所有权转移以及许可的判例法，总结出一些实用技巧。

The physiology of the skin machine body for the sake of the environment in the maintenance stability, but eject a body metabolism creation of metabolism thing BE'grease', summer perspire many various skin disease light or good, autumn perspire little metabolism thing metabolism don't go out, various skin disease made, this be the skin machine body of various burning disease.

皮肤机体的生理为了维持内环境稳定，而排出身体代谢产生的代谢物是'油泥'，夏天出汗多各种皮肤病就轻或好了，秋天出汗少代谢物代谢不出去，各种皮肤病就犯了，这就是皮肤机体的各种炎症。

If I had anything tender in me, I shot it dead.

如果我有什么招标的话，我枪死亡。