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Under the assumption that the expected rate μS(t , volatilityσS(t are functions of risk asset S, and stock pricing process respectively driven by a general O-U process and an exponential of a Levy process, we obtain the accurate pricing formulas and put-call parity of European option. In the end, assume that riskless rate is given, we deal with pricing formulas of European option on foreign currency and apply the approach to the pricing of the convertible bond.

利用保险精算方法给出了股票价格遵循广义0一U过程模型的欧式期权的精确定价公式和买权与卖权之间的平价关系以及股票价格过程遵循指数Levy过程的定价模型,最后推导出利率确定情形下外汇期权的定价公式,并且给出了保险精算方法在可转换债券定价中的应用。

3We obtain the analytical price formulas for vanilla, forward-start and in-progress fixed-strike and floating-strike continuous geometric average Asian options and a put-call parity under generalized Black-Scholes with time-dependent parameters by risk neutral valuation and properties of stochastic integration.

在依赖时间参数的推广的Black-Scholes模型下,利用风险中性定价及随机积分的性质,得到平凡、远期开始和进展中的固定和浮动执行价格的连续几何平均欧式亚洲期权价格的解析公式和一个平价关系。

1If the call option is an in-the-money option or at-the-money option, the liability formed by its continuous involvement shall be measured in accordance with the residual amount of the sum of option exercise price and the fair value of the put option less the time value of the call option; and

该看涨期权是价内或平价期权的,应当按照看涨期权的行权价格和看跌期权的公允价值之和,扣除看涨期权的时间价值后的金额,计量继续涉入形成的负债。

The ethnic place was formed through the spatial dynamics of "territorialization" which includes cross-bordering and border-making of different scales. Firstly there were the transnational flows of Vietnamese contract workers, marriage immigrants, and oversea Chinese that transplanted on the Taiwanese society. At the regional level, the interstice resulted from the decline of traditional retailing market, unfavorable location, rent gap, and the stigma of low-income housing was confronted by the change of population composition and life style induced by middle-class housing development, leading towards exclusion and remaking of borders that ended the interstice, and it is a middle class "territorialization" driven by the appeal of safety and "de-stigmatization".

族裔化地方在「疆域化」的空间动态中形成,涉及不同尺度的跨界和划界行动:越南移工和婚姻移民的跨国流动,以及早期越南华侨的跨界流移和在地著根;地区尺度上,传统零售市场的萧条、区位条件和地租差、平价住宅区污名形象共同构成的「缝隙」,面对中产阶级房地产开发导致人口结构和生活形态改变,引致了排斥和重新划界的压力:一场以「去污名」和消除恐惧地景为诉求的阶级疆域化,终究消灭了这个「缝隙」。

In economics, purchasing power parity is an estimate of the exchange rate required to equalise the purchasing power of different currencies, given the prices of goods and services in the countries concerned.

在经济学中,购买力平价是一种汇率的估算,这种汇率被用来均衡不同货币之间的购买力,在关联的那些国家的假定的货品和服务的价值基础上。

Tainan City, Taiwan –Coming to National Cheng Kung University, if you want to plan a full day long trip, you definitely cannot miss the nearby well-known tourist attractions and historic sites. Such as Dasyue Road, Yule Street, Shengli Road and Changrong Road are excellent must-visit places for a variety of delicacies with reasonable price. Of course, if you have enough energy, you can also challenge yourself riding on a total of 11.9 kilometres long bikeway. Let's go on an environmental-friendly and substantial cycling trip!

来到成大附近想要省荷包规划一趟充实的一日游行程,除了不能错过成大校园内的著名景点与古迹,校园周边的大学路、育乐街、胜利路、长荣路,也是您寻找平价美食不能错过的必游之地,当然,体力够的话也可以往外延伸,一口气骑完全长共11.9km的美丽公园自行车道,让您来一趟既环保又充实的省钱之旅逍遥游。

The nearby area of Kaohsiung Rear Train Station is a well-known shopping district. If you head to the northeast, you will see Kaohsiung Medical University, the oldest private medical school in Taiwan and students come and go in this area. If you keep going south along the bikeway, you will first encounter Magnificent Taiwan Cultural Museum. Then, you will reach Rehe 1st Street in no time.

从高雄后站周围知名的安宁街服饰批发中心,往东北去,一级教学医院高雄医学大学是台湾历史最悠久的私立医学院,青春学子来来往往,从高医旁单车道延伸逐渐往南回走,先遇见台湾美电影文化馆,马上到了热河一街,一路向西前进,道路两旁小吃店和饮料店的密集程度令人吃惊,尤其到了连在地人都称「吃不完的」吉林夜市一带,多样选择且平价实惠的美食,是邻近居民、学生和上班族的觅食首选。

A better option might be to reset the poverty line at $1 in 2005 PPP , which would line up reasonably well with at least ten countries in the authors' sample. In adding a quarter to the dollar-a-day poverty line, the researchers may cut its popular appeal by half.

更好的一个选择是按2005年的购买力平价将贫困线重新设定为1美元1天,这起码对研究者取样中的10个国家是适用的,如果让1美元1天的标准提高0.25的话,研究者们的受欢迎程度就要大打折扣,甚至要降低一半。

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With Death guitarist Schuldiner adopting vocal duties, the band made a major impact on the scene.

随着死亡的吉他手Schuldiner接受主唱的职务,乐队在现实中树立了重要的影响。

But he could still end up breakfasting on Swiss-government issue muesli because all six are accused of nicking around 45 million pounds they should have paid to FIFA.

不过他最后仍有可能沦为瑞士政府&议事餐桌&上的一道早餐,因为这所有六个人都被指控把本应支付给国际足联的大约4500万英镑骗了个精光。

Closes the eye, the deep breathing, all no longer are the dreams as if......

关闭眼睛,深呼吸,一切不再是梦想,犹如。。。。。。