收益

Modification of Simple Formula on Bonds Yield to Maturity;2. Application of Real Option in the Credit Management of Bonds;3. This paper analyses the investing value and speculating value of covertible bonds according to the features of their liability contracts and stock call option.

从可转换公司债券的债务合约特征和股票看涨期权特征出发，分析了其投资价值和投机价值，从而构造出可转换公司债券的投资收益曲线；阐述了可转换公司债券投资的最小值原理，对其投资收益的评估进行了讨论；分析了影响可转换公司债券的基本因素及其随这些因素而变化的基本规律。

The authors first examine returns to a simple carry trade for a set of ten rich-country currencies between 1986 and 2008. Buying the highest yielder of any currency pair produced an average return of 26 basis points (hundredths of a percentage point) per month.

作者首先对利差贸易做了简单收益调查，这个调查时在1986年到2008年十个富裕国家进行的，购买任何高收益组合会带来平均每月26个基本点的回报。

They have been borrowing heavily in yen and putting the proceeds into more remunerative assets, such as antipodean bonds.

外来投资大量的借入日圆并将收益转入诸如澳纽债券的较高收益资产。

Our results show that as for which expected return models or approaches to measure abnormal performance-AAR and BHAR is more appropriate, and whether test statistics being misspecificated, there are different answers from the academic field

研究发现，在各期望收益模型、两种度量异常收益方法－AAR与BHAR的选择，以及各检验统计量是否存在错误设定等问题上，国外学界并未达成共识，争论仍在继续。

The boundedly rational traders in fu- tures markets hold heterogeneous beliefs and learning capaci...

结果表明，外部信息不是形成收益序列典型特征的原因，个体交易者通过学习发生的信念转换和交易者之间的相互影响是造成价格收益序列典型特征的根本原因。

This subgroup showed improement in seeral measures of quality of life and a median surial benefit of 205 days (p=0·006) with maintained quality of life for most of this period. NI improed some quality-of-life indices in those with poor bulbar function, including μsym (p=0·018), but conferred no surial benefit.

这个亚组在生命质量的几项测试中都显示有改善的迹象，中期生存收益为205天(p=0.006)，这其中的大部分时间均能维持一定的生活质量，NI可以改善那些有明显球麻痹表现的患者的一些生活质量指数，包括including μsym (p=0.018)，相对比而言，生存时间方面无收益。

The precondition of the model is being linearity casuality between the expected return of an asset and variance of the market portfolio.

资本资产定价模型的前提是建立在资产的预期收益对于其市场投资组合收益的方差为线性的关系上。

The comparisons of Information Criterium demonstrate that ARFIMA(0,m,l)-FIGARCH(l,d,0) is the most appropriate for Shenzhen, and ARMA(1,1)-FIGARCH(l,d,0) is for Shanghai.

比较信息准则发现ARFIMA(0，m，1)-FIGARCH(1，d，0)是拟合深圳日收益序列的最优波动模型，ARMA(1，1)-FIGARCH(1，d，0)是拟合上证综指日收益序列的最优波动模型。

New growth thinks its germ depends on assuming capital limit accrual decreases successively indefinitely theoretically, begin to revise this kind to assume, formed the analytic framework of oneself, it is to assume capital limit accrual decreases successively indefinitely for one invariable and rather than; 2 be will be born at economic system inside technical factor, implicit assume capital limit tends degressively one plus.

新增长理论认为其根源在于假定资本边际收益无限递减，并开始修改这种假定，形成了自身的分析框架，一是假定资本边际收益为一常数而非无限递减；二是将技术因子内生于经济系统，隐含假定资本边际递减地趋于一正数。

In this paper the influence of leader in dichotomous group decision making is discussed,and we conclude that the existence of leader cannot improve the decision profit when the optimal decision rule in independent group decision-making is applied.

本文研究了具有领导的二分群体决策中领导对决策收益的影响，得到的一个重要结论是：如果二分群体决策过程应用了独立投票过程下的最优规则，则领导对其他决策者施加影响不可能提高群体决策收益。

I didn't watch TV last night, because it .

昨晚我没有看电视，因为电视机坏了。

Since this year, in a lot of villages of Beijing, TV of elevator liquid crystal was removed.

今年以来，在北京的很多小区里，电梯液晶电视被撤了下来。