查询词典 option attribute

4Based on a fact that the price formula of Asian options can be transformed into that of vanilla European option when the time to maturity is less than or equal to the length of average, we skillfully obtain the analytical price formula for the option on the minimum or the maximum of two geometric average prices and generalize it to obtain the price formula of several average prices for the first time. We also apply the method of [121], which approximates the arithmetic average by the geometric average, to the pricing of opitons on the minimum or the maximum of two arithmetic average prices to obtain Its approximated price formula. Numerical results show that the approximated price is relatively accurate when the riskless interest rate is large or the option is in the money and the volatility of two underlying assets are high and its accuracy is a little reduced but still good when the dividends are considered. However, it is hardly affected by the sampling number.

我们基于观察到的一个事实即当离到期时间小于或等于平均期间时亚洲期权的价格可变换成普通的欧式期权的价格，从而巧妙地得到了两个几何平均价格的最小或最大值期权价格的解析公式，通过简单地推广，首次得到了多个几何平均时的价格公式；将[121]用于算术平均亚洲期权的定价方法推广到两个算术平均价格的最小或最大值期权，从而得到它的渐进公式，数值结果表明：渐进价格的准确性在无风险利率较大或期权为实值且两标的资产的波动率较小时较好，抽样的个数对它没有影响，但考虑红利时它稍有下降但仍较好。

In financial mathematics, the implied volatility of an Option contract is the volatility implied by the market price of the option based on an option pricing model.

在金融数学里，一个期权和约的隐含波动性是根据期权定价模型由市场价格所暗示的波动性。

Because of embedded option, the cash flow of callable bond is not certain. Fortunately, it has the same future cash flow as the portfolio of one long noncallable bond and one short call option on the callable payments. So under a nonarbitrage condition, the value of callable bond equals the difference of the value of noncallable bond and call option.

由于内嵌看涨期权的存在，可赎回债券的预期现金流事先并非确定，但因其未来的现金流表现与持有可比普通债券和卖空看涨期权的投资组合相同，故而可赎回债券的价格在无套利条件下应等于可比普通债券减去看涨期权的差值，也就是说用于普通债券的一般定价和度量方法并不适用于此种特殊的选择权债券。

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pdf2cad功能的能力，准确地抄录PDF格式向量几何在DXF格式，保留作为样条曲线在DXF格式输出，保存PDF格式的字体的文字作为搜索和编辑文本在DXF格式输出，可以选择合并字符的话和一网上的文字字串，选择Outline字体的文本载体的路径，在DXF格式输出，选择申请字体名称映射转换期间，有能力提取物嵌入式栅格图像分开， TIFF或JPEG文件，引用，在DXF文件输出。

Firstly, Using an actuarial approach, we deal with pricing formula of European option On Quanto option , and obtain pricing of European call and put option and put-call parity.

首先，利用保险精算方法给出了汇率连动期权的定价公式，获得了欧式看涨期权和看跌期定价公式及平价公式。

In order to make use of the technical bonus stock distribution mechanism fully,inspire the talent of technologists,encourage their devotion to films,we have some important discussion on the technical bonus stock distribution policy,introduce the distributed models of technical bonus stock,point out the questions in the excutive course,and offer the solution correspondingly.In the third part,we discuss the technical stock option design on middle-small technical films,and consider the logical thoughtfulness in the course of reanimation as follows:the more outstanding achievement for the powered man→the more increase on special target→the lower price on technical option premium→the more profit→the more effective reanimation.In the parameter,a set of detailed program is designed,which includes establishment of incentive fund,institution of merit system for the plans grantors,award of stock option,determination of premium,so as to reduce random in the incentive course,have a great effect on the mormative management for themiddle-small technical films.

在文中还重点讨论了中小科技企业技术股权分配的策略，介绍了技术股权红利分配方式，指出在技术股权激励过程中应注意的问题，并提出相应的解决办法，目的在于充分利用技术股权分配机制，来激发技术人员潜在的创新能力，激励他们为企业作贡献；第三部分着重探讨了中小科技企业技术股份期权的方案设计，在激励方面，按照技术期权获受人的业绩越突出→特定的指标增长越快→行权价越低→获利越多→激励效果越好的逻辑思路进行考虑；在参数设计方面，对技术期权计划中激励基金、授予和考核、行权价格等参数进行了详细地分析设计，旨在减少技术期权激励过程中的随意性，为中小科技企业的规范化管理起到一定的指导和借鉴作用。

The paper prices bond and bond option, analyzing dynamic interest rate, regime-switching and option pricing. According to the affection of regime-switching to interest rate derivative pricing, the paper deduces the partial differential equation of bond pricing with Ito lemma, and obtains characteristic function and recursion equation of bond option.

从利率动态变化、结构转换和期权定价三个方面进行分析，对结构转换下的债券和债券期权进行定价，考虑了结构转换对利率衍生物定价的影响，利用Ito引理获得债券定价的偏微分方程，并得到债券期权定价的特征函数与递归等式。

This article elaborates the meaning and legal nature of Stock Option, analyzes the legal obstacles of carrying out Stock Option in china. Combined with our practices on trial, this article deals with some related issues on carrying out Stock Option. In conclusion, Chinese Company Law and Securities Law should be revised to solve the problem of stock sources and the encash of stock interests and so on. The special legal system of stock options should be established. Tax law should be revised to make the manager benefit from it.

本文阐释了股票期权之内涵、法律特征，分析了我国施行经理股票期权之法律障碍，结合我国试行之实践，对股票期权实施上如何完善的相关问题进行阐述：包括修改《公司法》及《证券法》的相关内容，以解决推行股票期权制度所需的股票来源及解决股票期权制度实施的收益兑现机制等问题；修改《劳动法》，确认股票期权是经理人员薪酬体系中的一部分；制定专门规范，构建股票期权法律体系。

This research used option-based structural model: Merton Model and the Implied Volatility Model which visualized an option on the firm's equity that expired before the debt mature was a compound option and was proposed by Hull, Nelken and White in 2004. Then compare the fitting and ranking ability in the model implied credit spread of the two structural model to the observed bond credit spread between corporate bond yield and bond yield in Taiwan's listed companies.

本研究运用选择权基础的信用风险模型：Merton(1974)模型与Hull， Nelken and White(2004)提出将个股选择权视为复合选择权的Implied Volatility模型，比较这两个结构式信用风险模型所计算出的隐含信用利差对台湾上市、柜公司之公司债殖利率与公债殖利率间实际的信用利差之配适能力与排序能力。

Scientific option price can be established according to option pricing model, which will enable the option market to develop normatively and to exert its essential function effectively.

利用期权定价模型可以制定出科学的期权价格，使期权市场得到规范发展并有效发挥其必要的功能。

There are different types of personal loans available.

有许多不同类型的个人贷款优惠。

The above mentioned teaching model of spiral rising can be used to avoid rigidness in teaching.

上述螺旋式上升的教学模式，可以避免教学形成模式後的僵化现象。