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First of all, the valuation errors in TXO of the BS-IV model are the smallest among all volatility models. In the whole, the BS-IVmodel underprices the market value, BS-HV, BS-EV(EGARCH(1,1))and Ad hoc BS model overprice the market value respectively. Next, there exist the linear relationships between the valuation errors and moneyness in TXO mostly. At last, in view of hedging errors, the other thing being equal, the shorter is the maturity, the smaller is the hedging error.

本文的实证发现,在评价误差方面,整体而言,隐含波动性模型对买权及卖权的评价误差最小,隐含波动性模型之理论价格低估了市场价格;而历史波动性模型、EGARCH(1,1)模型及平滑后的历史波动性模型之理论价格则大多高估了市场价格;接著,在评价误差与金融特性关系方面,各波动性模型之评价误差与价内价外程度、股价指数报酬率、股价指数波动性、距到期日及无风险利率等因素,大多具有显著的线性关系。

Screening and identification host cellular protein interacting with Actinobacilluspleuropneumoniae ApxⅠ In Chinese pig industry, Porcine Contagious Pleuropneumonia, caused byActinobacillus pleuropneumoniae, is one of the most important porcine respiratorydiseases. The disease is, characterized by fibrous pneumonia and pleurisy and the clinicalsigns vary from high mortality to chronic, retarded growth, and the feed reward rate islow, leading to the severe economic losses in the swine industry worldwide.

1胸膜肺炎放线杆菌ApxⅠ与宿主细胞相互作用蛋白的筛选和鉴定猪传染性胸膜肺炎(Porcine Contagious Pleuropneumonia,PCP)是我国最常见和最重要的猪呼吸道传染病之一,猪感染后主要表现为严重的纤维素性肺炎和胸膜炎,造成急性死亡或耐过猪生长缓慢,饲料报酬率低,给我国养猪业造成严重的经济损失。

Law of net present worth and law of embedded pay rate are two kinds of in capital budget analysis the most important methods.

净现值法和内含报酬率法是资本预算分析中的两种最重要的方法。

Net present worth reflected the gain level of the project, and the risk level that embedded pay rate reflected an item.

净现值反映了项目的盈利水平,而内含报酬率反映了项目的风险水平。

In order to avoid the limitation of using only Tobin's Q to evaluate marketing performance and return on equity to evaluate financial performance, this paper introduces factor analysis to calculate synthesized performance, successfully processing totally 12 original indexes, such as return on net sales, average return on equity, return on total assets, per share earning ratio, current ratio, quick ratio, debt to assets ratio, rate of stock-turn, accounts receivable turnover, total asset turnover, main business growth rate, and total assets growth rate.

为了避免单纯使用托宾Q值度量企业市场业绩以及使用净资产收益率等单一财务指标度量企业财务业绩的缺陷,该文运用了因子分子法求得上市公司的综合绩效,成功地对总共12个原始绩效指标,如销售净利率、平均净资产收益率、总资产报酬率、每股收益、流动比率、速动比率、资产负债率、存货周转率、应收账款周转率、总资产周转率、主营业务收入增长率以及总资产增长率等进行了处理。

The rate of return on stockholders' equity is the most important indicator in evaluating the profitability .

股东权益报酬率是评价盈利能力中最主要的指标。

In computing the rate of return on stockholders' equity, analysts should deduct the preferred dividends to maintain the equity belonging to common stockholders.

在计算股东权益报酬率时,分析者应当扣除优先股权益,只保留应该归属于普通股的权益。

Rate of return on new investment n.

新投资报酬率。。。

In Dupond return on total assets, the rate can be broken down into two component ratios: the rate of return on net sales and the total assets turnover.

杜邦总资产报酬率是由销售利润率和总资产周转率组成的。

Although ROI is widely used in evaluating performance , it is for from being a perfect tool.

尽管广泛地应用投资报酬率评价中心业绩,但是它并不是一种完美的评价工具。

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However, as the name(read-only memory)implies, CD disks cannot be written onorchanged in any way.

然而,正如其名字所指出的那样,CD盘不能写,也不能用任何方式改变其内容。

Galvanizes steel pallet is mainly export which suits standard packing of European Union, the North America. galvanizes steel pallet is suitable to heavy rack. Pallet surface can design plate type, corrugated and the gap form, satisfies the different requirements.

镀锌钢托盘多用于出口,替代木托盘,免薰蒸,符合欧盟、北美各国对出口货物包装材料的法令要求;喷涂钢托盘适用于重载上货架之用,托盘表面根据需要制作成平板状、波纹状及间隔形式,满足不同的使用要求。

A single payment file can be uploaded from an ERP system to effect all pan-China RMB payments and overseas payments in all currencies.

付款指令文件可从您的 ERP 系统上传到我们的电子银行系统来只是国内及对海外各种币种付款。